Luxembourg - Clarification of Tax Treatment of Certain Islamic Finance Products
- N. (Niels) Muller; J. van den Berg
- Derivatives & Financial Instruments, 2010 (Volume 12), No 2
- 22 March 2010
On 12 January 2010, the Luxembourg tax administration published Circular L.G.-A 55 on Islamic finance. The aim of the Circular is to clarify the tax treatment of certain Islamic finance principles and financial instruments.