Luxembourg tax authorities issued a tax circular January 9 detailing the tax treatment of income Luxembourg limited and special limited companies, including specific guidance on the entities whose activities fall within the definition of an alternative investment fund .
The Luxembourg authorities have launched LIR Circular No 14/4, which includes more detailed guidance on the tax treatment of income derived by Luxembourg private limited companies (Limited partnership – SCS) and Luxembourg companies limited special (Limited partnership Spéciale – SCSP). The new circular, clear views of the Luxembourg tax authorities “in the tax treatment of these associations. While the new guidance applies to all entities of SCS and SCSP, the circular also includes more specific comments on SCS and entities used SCSP in alternative investments.
