Luxembourg Gazettes Law to Modernize Tax Laws for Investment Funds

The Luxembourgish Official Gazette July 24 published a law to modernize tax laws for investment funds. The law includes measures: 1) amending tax laws related to investment funds, including for investment companies in risk capital (SICAR), specialized investment funds (FIS), undertakings for collective investment (OPC), foreign undertaking for collective investments in transferable securities (UCITS), alternative investment fund managers (AIFMs), and reserved alternative investment funds (FIARs); 2) amending the definition of a “well informed investor” by reducing the investment threshold to 100,000 euros (US$107,953) from 125,000 euros (US$134,942); 3) extending the period to meet minimum capital threshold requirements to 24 months …

Check Also

Colin Cowherd_ Steelers Will ‘Delude Themselves’ Believing In Kenny Pickett, Claims Staff Scared To Draft QB Till Massive Ben Retired

After slamming Pittsburgh Steelers QB Kenny Pickett instantly following the crew’s 20-16 win over the …

Leave a Reply

Your email address will not be published. Required fields are marked *