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General
Airbnb moves EU payments base to Luxembourg
Airbnb will move the processing of all EU payments from the UK to Luxembourg as of 2020 because of Brexit.
The home rental platform opened a subsidiary in Luxembourg at the end of last year and was granted a payment institution license in the country last month.
Luxembourg SICAVs can reclaim Belgian subscription tax and withholding taxes
In a number of recent judgements, the Court of Appeal in Brussels has confirmed previous case law of the court of first instance that the subscription tax on Luxembourg SICAVs is in violation of the double taxation treaty. Tiberghien Lawyers was one of the first to raise this issue 15 years ago and is therefore pleased with the verdicts.
‘It’s worth investigating the possibilities of reclaiming this tax (and Belgian withholding tax),’ say Lawyers Yannick Cools and Bart De Cock of Tiberghien Lawyers.
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