Tax alert : A new tax treaty between France and Luxembourg and changes for the real estate sector !

By Emmanuel Galifer - Partner The new tax treaty between France and Luxembourg, which was signed on March 20, 2018, takes into account the latest international standards and OECD’s developments and leads to a total revision of the applicable provisions between the two countries, which are not without consequences for the real estate industry ! Withholding tax on distributions: increase of the applicable rates As from the entry into force of the new provisions: -