EU Commission's latest letter of formal notice to Luxembourg: Luxembourg to revisit the transposition of the interest barrier rule for securitisation entities
20 May 2020
On 14 May 2020, the EU Commission issued two letters of formal notice to Luxembourg regarding (i) the application of the EU interest barrier rule to Luxembourg securitisation entities and (ii) the tax treatment of certain securitisation transactions carried out in Luxembourg. The present briefing will focus on the former.
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