Clarification of Tax Treatment of Certain Islamic Finance Products

Journal
Muller, N. (Niels); Berg, J. van den
Luxembourg
Finance and Capital Markets (formerly Derivatives & Financial Instruments) 2010 (Volume 12), No. 2
FormatPDF
EUR
40
| USD
45
(VAT excl.)

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.