Latest updates:

  • 20 June 2013. A protocol with Slovenia was signed. This protocol will include the international standard of exchange of information upon request.
  • 16 May 2013. Draft law 6501 voted by to the Luxembourg Parliament. This draft law implements new tax treaties with Germany, Kazakhstan (protocol included), Laos (Lao People's Democratic Republic), Macedonia, Seychelles, Sri Lanka and Tajikistan and protocols to existing tax treaties with Canada, South Korea, Italy, Malta, Poland, Romania, Russia and Switzerland. The international standard of exchange of information upon request is integrated to all of these.
  • 10 May 2013. A new tax treaty with Guernsey was signed. This new treaty will include the international standard of exchange of information upon request.
  • 07 May 2013. On the occasion of the Euromoney Conference taking place in Saudi Arabia, Luc Frieden, Luxembourg Minister of Finance, signed a new tax treaty with the Saudi Minister of Finance Dr Ibrahim Al-Assaf.
  • 17 April 2013. A new tax treaty with Jersey was signed. This new treaty will include the international standard of exchange of information upon request.
  • 08 April 2013. A new tax treaty with Isle of Man was signed. This new treaty will include the international standard of exchange of information upon request.
  • 15 March 2013. A new treaty with Singapore was initialed. This new treaty will replace the initial 1993 treaty when it will be applicable.
  • 07 March 2013. Draft law 6552 implementing new tax treaty with Taïwan submitted to the Luxembourg Parliament.
  • 07 March 2013. The Finance Ministers of Luxembourg and the Czech Republic signed on Tuesday 05 March an agreement on preventing double taxation which replaces the agreement of 1991. This new treaty will include the international standard of exchange of information upon request.
  • 28 February 2013. In its 2012 Annual Report issued on 25 February, the Luxembourg Direct Tax Authorities reported that they have negotiated new tax treaties with Botswana, Brunei, Chili, Czech Republic, Guernsey, Jersey and Isle of Man and protocol with Estonia. It is also reported that 592 exchange of information upon request, spontaneous information exchange and automatic exchange of information have been handled by the Luxembourg Direct Tax Authorities in 2012.
  • Week 04-08 February 2013. The Luxembourg President of Parliament had informed Russian deputies that Luxembourg is close to the final vote of the protocol (signed on 21 November 2011).
  • 30 January 2013. A new tax treaty with Sri Lanka was signed.
  • 25 January 2013. The Luxembourg Government adopted the draft law implementing the new tax treaty with Taiwan (signed on 19 December 2011). This draft law has not yet been submitted to the Parliament.
     

Update - List of double tax treaties in force and in negotiation as of 01 July 2013.

Situated at the crossroad of Europe, the Grand-Duchy of Luxembourg is based on a dynamic and open economy which actively promotes the development of cross border trade and investments. Its major role in matter of international trade in the sectors of banking and finance, investment funds and holding companies has for a consequence that a strong network of double tax treaties has been developed over the years. To that end, Luxembourg has entered into 64 comprehensive double tax treaties based on the OECD model tax convention on income and capital in order to mitigate the risks of double taxation for businesses.

The Grand Duchy treaty partners are amongst the most industrialised countries with inter alia all of the states in the European Union but Cyprus, the United States, Japan, Brazil, China, Mexico, Hong Kong and Russia, Canada. Luxembourg tax treaties as most bilateral agreements are designed and balanced to address a specific economic context. Given their very nature, tax treaties are constantly negotiated and updated to the latest international standards.

Another perspective to the steady expansion of Luxembourg tax treaties must be added. Luxembourg endorsed on 13 March 2009 the international standard of exchange of information upon request embodied in article 26-5 of the OECD model tax convention. As a result, 23 treaties containing the said standard were concluded, 9 protocols and 3 new treaties are actually pending (draft law 6501 deposited on 21 November 2012 for examination and adoption by the Parliament).