Description
Description
This course will enable you to study the tax environment applicable to different types of companies in Luxembourg. Understand the origins of tax liability, the different stages and tax documents throughout the tax year. Analyse the different taxes, how they are determined and the advantages available to companies.
This course is part of the "Tax Manager - Fundamentals" certification programme. It can also be taken independently of the certification course.
Objectives
At the end of this training, based on practical case studies, you will have analysed the following aspects:
The different steps involved in taxing a commercial enterprise
The difference between opaque and transparent entity
Understanding the CIT / MBT/ WHT / NWT
Tax returns and related tax computation
Tax consolidation
Recent international developments
Programme
Basic concepts
The applicable provisions
Tax residency
Different types of entities
How is tax levied?
Overview of direct taxes applicable to compagnies
CIT/MBT - Taxation of commercial companies
General principles
Computation & taxable base
Exemptions for distributions
Other tax adjustments (non-taxable income, expenses, etc.)
Hidden dividend distributions
The definition
Tax treatment
What is the difference with hidden capital contributions
Fiscal Unity
Description of the regime
Tax consequences
Net Wealth tax
Characteristics of net wealth tax
Determination & taxable base
Minimum NWT
Reduction of wealth tax
Withholding tax
Recent developments
Target audience
Accountants
chartered accountants
trustees
bankers
entrepreneurs
Conditions
Course Material
Please note that for environmental reasons no paper version of the training material will be provided for your training. The course material can be downloaded free of charge via your portal before the start of the course (download the Client Portal User’s Guide here). You will be able to view it on the screen of your mobile device or print it if necessary. If your registration has been made by a training manager of your company please contact him/her so that he/she can give you access to it or send it to you.
Certificate
At the end of the course, participants will receive a certificate of attendance delivered by the House of Training.
Location
L-1615 Luxembourg
Luxembourg
Sessions and schedules
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