|
By Eric CENTI, Partner and Anthony TREMBLIER, Director, Deloitte Luxembourg
International tax transparency has shifted decisively from rule-making to enforcement, with tax authorities increasingly scrutinizing how regimes are implemented in practice. The Luxembourg Tax Authorities (LTA) have notably intensified FATCA and CRS reviews across the financial sector, particularly in the banking and fund industries. For affected institutions, the key question is no longer whether policies exist, but whether they can demonstrate effective implementation, robust governance, and adequate oversight of any outsourcing arrangements.
International context: Peer reviews driving enforcement
The OECD expects jurisdictions to...
|