As we turn the page on summer, we are pleased to present our latest Insights, highlighting key developments shaping the tax landscape.
Focusing first on Luxembourg, we delve into significant legislative updates. We analyse a new draft law introducing a start-up tax credit for individuals, a key incentive aimed at boosting innovation and economic diversification.
Our analysis extends to the long-awaited Luxembourg property tax reform, detailing its objectives, the proposed new valuation model, and the introduction of a land mobilisation tax aimed at addressing the country’s housing shortage.
Furthermore, we provide insights into the draft law transposing the DAC9 directive and Pillar Two rules, which establishes standardised reporting requirements, clarifies filing obligations for Luxembourg entities, sets out the framework for the automatic exchange of top-up tax information, and provides deferred tax clarifications.
We also turn our attention to the draft law on carried interest, which confirms the existing framework while introducing clarifications and innovations aimed at strengthening Luxembourg’s competitiveness and providing greater certainty for carried interest holders.
Rounding off our Luxembourg coverage, we offer an overview of the country’s evolving double tax treaties network, highlighting recent treaties and protocols that reinforce legal certainty for cross-border investors and align with international tax standards.
At the European tax level, we provide a comprehensive overview of recent EU tax developments, covering the Danish Presidency’s priorities, reforms of the Directive on Administrative Cooperation (DAC), the (lack of) progress on initiatives such as the Transfer Pricing, BEFIT and the Unshell Directive proposals, the Pillar Two and global minimum tax framework, corporate tax simplification measures, the proposed Corporate Resource for Europe (CORE), and incentives for start-ups and scale-ups.
From the Middle East, we explore the United Arab Emirates’ new guidance on the mutual agreement procedure, providing businesses with a clear framework to resolve cross-border tax disputes, including transfer pricing and jurisdictional issues, in line with international tax standards.
Read our full October 2025 ATOZ Insights below!