Luxembourg has ratified a tax agreement with the United Kingdom

Luxembourg has officially endorsed a tax agreement with the United Kingdom. With the United Kingdom having already ratified the SIDN (Special Investment Distribution Network) agreement, the terms will take effect on the following dates:

The SIDN agreement encompasses a zero-tax policy on dividends, interest, and royalties. Nonetheless, certain exceptions apply to investment structures that derive income from real estate and are eligible for a tax exemption on profits related to such income. In such cases, the withholding tax will be limited to 15%.

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