A new requirement to inform individuals of the exact personal data to be shared with the Administration des Contributions Directes. The Luxembourg law of 18 December 2015 on the automatic exchange of financial account information in the field of taxation (CRS Law), which regulates the automatic exchange of financial account information between tax authorities under the Common Reporting Standard (CRS), has been amended by the law of 16 May 2023 (the Amended CRS Law)….
By: Allen & Overy LLP
By: Allen & Overy LLP
