13-10-2022 10:00
Case Studies on Member States’ National Tax Policies - Luxembourg

Hearings FISC
FISC Public hearing
© Image used under the license from Adobe Stock

On 13 October, FISC had a public hearing on ‘Case Studies on Member States’ National Tax Policies - Luxembourg: Implemented National Tax Reforms and the Combat against Aggressive Tax Schemes’. Luxembourg is one of the smallest EU Member States, both in terms of size and population, but a major European and global financial hub. The country has been criticised for its corporate tax framework which businesses and high net-worth individuals may be employing for abusive tax purposes.

On the one hand, the 'Luxleaks' files revealed in 2015 into more than 500 very advantageous tax rulings that had been issued to large companies and reduced their tax bill drastically. On the other hand, Luxembourg has undertaken several reforms to counter aggressive tax planning at national, EU and OECD level. The open question today is where Luxembourg stands now in the combat against aggressive tax schemes. Are these reforms adequate or is there more that needs to be done?

To shed some lights on these issues, the following experts have been invited:

  • Prof. Aikaterini Pantazatou, Associate professor in Tax Law, University of Luxembourg
  • Dr. Giulia Aliprandi, EU Tax Observatory, co-author of the report "Have EU Banks left Tax Havens?"
  • Mr Philippe Demougin and Mr Brice Reguimi, European Commission, DG Taxation and Customs Union, Economic analysis, evaluation & impact assessment support