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By Murielle Filipucci (picture), partner, Banking Tax Leader, Marc Rasch (picture), Transfer Pricing partner, and Pawel Wroblewski, Transfer Pricing director at PwC Luxembourg
The Luxembourg financial centre has expanded over the last 40 years to become an international hub for Banking, Insurance and Asset Management. With the growth of Luxembourg as a strong financial centre comes a much tougher regulatory framework which requires constant monitoring and adaptations. And recent changes in the areas of tax and transfer pricing will have an impact on the Luxem-bourg banking sector.
General trends towards more transparency
In the context of the general trends towards more transparency and following the announcement of Luxembourg...
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