Fiduciary structures

Journal
Schaffner, J.
Luxembourg
European Taxation 2003 (Volume 43), No. 12
FormatPDF
EUR
40
| USD
45 (VAT excl.)

In July 2003 Luxembourg ratified the Hague Convention on the recognition of trusts, with the principal aim of gaining international recognition for its fiduciary arrangements. This note describes the legal framework and the tax treatment of the trust and the fiducie.