The EU Anti Tax Avoidance Directive (“ATAD 1”) was published in July 2016. EU Member States have until 31 December 2018 to transpose ATAD 1 into their domestic laws.
On 19 June 2018, the Luxembourg Government tabled a draft Bill (n°7318) (the “Draft Law”), previously approved by the Government council on 15 June 2018, before the Luxembourg Parliament (Chambre des Députés) that would implement ATAD 1 as Luxembourg domestic law. This Draft Law still needs to go through the Luxembourg legislative process, and may be subject to amendments before the final vote by the Luxembourg Parliament.
