On 27 December 2016, the laws on the tax reform as well as on country-by-country reporting were published in the Official Gazette of the Grand Duchy of Luxembourg, further to their enactment on 23 December 2016.

With respect to the latter, the Luxemburg tax authorities have communicated that, for fiscal year 2016, an extension of the notification period would be granted until 31 March 2017. Therefore, no penalties will apply for those who will submit the CbC notification before that date. As such, the Luxembourg tax authorities are in strict observation of the EU Directive 2016/881 of 25 May 2016 and of the OECD guidance on CbC as updated on 5 December 2016.

The notification process should be done via the www.guichet.lu website which is available in several languages, including English. For new users, please note that a LuxTrust certificate must be obtained and relevant guidance is provided on the website.

The full text of the laws and details on their content may be found by following the below links, respectively to the Official Gazette publication and to our latest tax alerts on the topics: