Share with your friends

Luxembourg: Protocol to tax treaty with United States ratified

Luxembourg: Protocol to tax treaty with United States

The Protocol to amend the income tax treaty between Luxembourg and the United States has been ratified, according to a release from the government of Luxembourg.


Related content

The Protocol [PDF 548 KB] was signed in May 2009, and provides for broad exchange of information between competent authorities for tax purposes. 

A release from the Luxembourg government announced the ratification procedures were completed earlier in September 2019, thereby bringing the Protocol into force. The new Protocol replaces the existing treaty’s exchange of information article with one that follows the approach of the U.S. Model Income Tax Treaty and the Organisation for Economic Cooperation and Development (OECD) Model Tax Convention on Income and Capital. The Protocol will become effective for requests for information made on or after the date of entry into force for tax years on or after 1 January 2009. The provisions of the Protocol that allow for information held by financial institutions to be exchanged on request between Luxembourg and the United States are complementary to the intergovernmental agreement (IGA) on Foreign Account Tax Compliance Act (FATCA) signed on 24 March 2014 and adopted by Luxembourg in a law of 24 July 2014.

Read a release from the U.S. Treasury Department about the entry into force of the Protocol.

The KPMG logo and name are trademarks of KPMG International. KPMG International is a Swiss cooperative that serves as a coordinating entity for a network of independent member firms. KPMG International provides no audit or other client services. Such services are provided solely by member firms in their respective geographic areas. KPMG International and its member firms are legally distinct and separate entities. They are not and nothing contained herein shall be construed to place these entities in the relationship of parents, subsidiaries, agents, partners, or joint venturers. No member firm has any authority (actual, apparent, implied or otherwise) to obligate or bind KPMG International or any member firm in any manner whatsoever. The information contained in herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 4366, 1801 K Street NW, Washington, DC 20006.

Connect with us


Want to do business with KPMG?


loading image Request for proposal