Luxembourg Tax Authority Issues New Guidance On Mutual Agreement Procedure
By EsqSocial Corporation 23/04/21
On 11 March 2021, the Luxembourg Tax Authorities published a Circular providing guidance on the process for initiating the mutual agreement procedure (“MAP”) under bilateral income tax treaties and explaining the interaction with other procedures and legal remedies. Under Article 25 of the Organization for Economic Co-operation and Development (OECD) Model Tax Convention, which is included in most of the double taxation treaties signed by Luxembourg, the MAP aims to provide a mechanism to...
By: Goodwin