Luxembourg:
VAT Group Legislation Voted
06 August 2018
Arendt & Medernach
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The bill of law n°7278 implementing the VAT group into
Luxembourg law, as outlined
in our previous Newsflash on 13 April 2018, was voted on 26
July 2018 by the Chamber of Deputies. This long-awaited VAT group
regime, which will enter into force on 31 July 2018, was absolutely
necessary in order to replace the current Independent Group of
Persons regime (previously used in the financial sector but now
restricted to sectors of public interest) and to preserve
competitiveness of Luxembourg compared to other EU Member States
that have implemented similar VAT group regimes.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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