On November 13, 2023, the Luxembourg Government issued amendments to update its draft law implementing the EU Minimum Tax Directive (Law 8292 issued on August 4, 2023).  

On 4 August 2023, the Luxembourg government issued Draft Law No. 8292 to implement the EU Global Minimum Tax Directive.

On 28 July 2023, the Government approved the draft law aimed at transposing the EU Minimum Tax Directive into Luxembourg law.

Luxembourg is home to the second largest funds industry in the world and the largest in Europe. In this article we look at the Pillar 2 impact on Luxembourg private debt funds.