General Members News


Over the past year the AMCHAM tax committee has been deeply involved in the drafting of FAQs related to issues raised in the context of the rules against tax avoidance practices that directly affect the functioning of the internal market and, more in particular, the treatment of hybrid mismatches as laid down by Council Directive (EU) 2017/952 of 29 May 2017 amending Directive (EU) 2016/1164 as regards hybrid mismatches with third countries (ATAD 2). ATAD 2 has been transposed in the Luxembourg tax legislation through the law of 20 December 2019.

AMCHAM has been teaming with ALFI, LPEA and UEL in an effort aiming at bringing so clarity to tax payers. The result of that effort can be access by using the following link