New Circulars Summary: January And February 2018

Tax Circular L.G. - 60bis/3 of 24 January 2018: forex conversion rates of foreign currencies into EURO for fiscal year 2017. This tax circular publishes the official year-end and average forex conversion rates for Luxembourg tax purposes in 2017 for the use of a non-EUR functional currency for tax purposes.

Tax Circular 784 of 20 December 2017: death duties concerning spouses or partners. This tax circular extends the exemption from death duties (except for real estate assets situated in Luxembourg) to spouses and partners, irrespective of whether or not they have common descendant(s) (subject to the condition that the partnership existed for at least 3 years).

Tax...