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By Julien METZ, Senior Manager Dany TEILLANT, Partner chez Deloitte Luxembourg
Taxation must keep up with economic developments, including states’ tax laws and tax treaties (hereafter “Tax Treaties” or “Tax Treaty”), which are subject to regular adjustments.
When updating these Tax Treaties, the Organisation for Economic Co-operation and Development (OECD), the United Nations (UN) and states strive to respond to new international tax issues resulting from international economic, financial, technological and trade developments. While a lot of documentation on Tax Treaties’ provisions has been developed over the years, including Tax Treaties’ relationships with other treaties and states’ domestic laws, there is little assistance available...
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