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This regime allows for compensation of losses suffered by any integrated company with profits from other companies within the group.

 

Several conditions should be met. These include:

  • The consolidated companies have to be fully taxable resident capital companies in Luxembourg.

  • That the regime applies for an initial minimal period of five financial years.

  • Companies must have the same date for closing their accounting financial years.

  • As the regime is not mandatory, a written application has to be made to the tax authorities.

  • Each company of the group files an individual tax return (for corporate income tax and commercial income tax - not for wealth tax).

  • The mother company files a consolidated statement.

  • The carried forward losses, made prior to integration, cannot be used against future consolidated profits.

 

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