Luxembourg - Luxembourg Reshapes Its Transfer Pricing Landscape
- O.R. Hoor
- European Taxation, 2015 (Volume 55), No 4
- 12 March 2015
On 19 December 2014, the Luxembourg legislator adopted new transfer pricing legislation that formalizes the application of the arm’s length principle and the requirement for specific transfer pricing documentation. While the arm’s length principle was already firmly ingrained in Luxembourg tax law, the new rules further elevate the importance of transfer pricing. This article provides an overview of Luxembourg’s new transfer pricing landscape.