ECB: July 2024 euro area bank lending survey
According to the July 2024 euro area bank lending survey (BLS) euro area banks reported a small further net tightening of their credit standards.
Category: General Members News
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American Citizens Abroad (ACA) Responds to the National Taxpayer Advocate and TIGTA on their Recent Reports to Congress
ACA has responded to the National Taxpayer Advocate (NTA) on her recent, “Fiscal Year 2025 Objectives Report to Congress” and to the Treasury Inspector General for Tax Administration (TIGTA) on its report, “Opportunities Exist to Improve Taxpayer Service to Underserved, Underrepresented, and Rural Communities”.
Clear slowdown in construction prices
Between October 2023 and April 2024, the trend in residential construction prices continued to slow, with a modest half-year rise of 0.5%. https://statistiques.public.lu/en/actualites/2024/stn29-24-construction.html
U.S. Releases the 2024 Luxembourg Investment Climate Statement
On July 17, the U.S. Department of State released the 2024 Investment Climate Statements (ICS), offering current, detailed insights into the investment environments of over 160 foreign markets, including Luxembourg.
PwC: Report on Banking in Luxembourg 2024
A PwC report highlighting recommendations to the leadership of the Luxembourgish banking industry regarding the ECB’s latest priorities and with two areas not directly covered by the ECB: Tax- and Anti-Money Laundering (AML)-related matters..
LT: Luxembourg second in EU for cross-border investment services
Luxembourg hosted the second-largest number of EU cross-border investment firms last year, according to a report released on Monday by the bloc’s markets regulator. https://www.luxtimes.lu/europeanunion/luxembourg-second-in-eu-for-cross-border-investment-services/16088169.html
American Citizens Abroad (ACA) Submits Comments on IRS Regulations for Information Reporting of Foreign Trusts
ACA responded to a request by the IRS for comments on proposed regulations for Transactions with Foreign Trusts and Information Reporting on Transactions with Foreign Trusts and Large Foreign Gifts.
New Legislative Package to Enhance Luxembourg Financial Centre Competitiveness
Luxembourg is set to introduce targeted tax reforms to attract top talent, boost business and strengthen financial services. The reforms are part of a series of 16 measures laid out by Luxembourg’s Minister of Finance Gilles Roth and approved by the Council of Government on 17 July.
Promotions at DSM Avocats à la Cour
Promotions at DSM Avocats à la Cour.
Paris 2024: CFL multimodal and Cimalux are part of the game
Paris 2024: CFL multimodal and Cimalux are part of the game.
RTL: KFC to open 10 new branches, create 600 jobs across the country
KFC to open 10 new branches, create 600 jobs across the country .
U.S. Embassy issues Voting Information Guidelines for U.S. Citizens in Luxembourg
The U.S. Embassy has issued a a brief bulletin including all the relevant links and emails for U.S. voters who are currently based in Luxembourg.
