Have you heard about the growing focus of the Luxembourg tax authorities (LTAs) on the value added tax (VAT) and transfer pricing (TP) positions of Luxembourg’s taxpayers?
In fact, the global trend is for tax authorities to require more and more information about the local and cross-border intragroup transactions to analyse them for tax purposes. To do so, and similar to the close cooperation of tax experts specialised in different areas of taxes, certain authorities intend to—or already— enhance their common interactions in this area.
Source PwC
