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Luxembourg: BEPS multilateral instrument (MLI) update

Luxembourg: BEPS multilateral instrument (MLI) update

The Luxembourg Parliament on 14 February 2019 passed legislation for the ratification of the multilateral instrument (MLI) into Luxembourg domestic tax law.


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If ratified, the MLI would generally implement the minimum standard provisions as agreed under the base erosion and profit shifting (BEPS) initiative—that is, the minimum standard for the prevention of treaty abuse (BEPS Action 6) and the minimum standard on more effective dispute resolution mechanisms (BEPS Action 14).

Ratification of the MLI would be a new milestone in Luxembourg’s pursuit of the BEPS initiative. Application of the MLI provisions on “covered tax agreements” would need to be monitored on a case-by-case basis with respect to ratification of the MLI by the other treaty partner country and the type of tax concerned (whether withholding tax or other taxes).


Read a February 2019 report prepared by the KPMG member firm in Luxembourg

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