The second blog on the “wind of change” relates to the challenge in the profession for tax advisers in Luxembourg. One of the big challenges of a Luxembourg tax adviser is the knowledge of national and international tax laws. The underlying demand is growing permanently. Also, the Luxembourg tax advice environment has changed over the last years.
A change in business attitudes and work philosophy is ongoing in Luxembourg. This process has had its developments over time and cannot be linked to a date or event. It even continues to develop with the growing regulations for taxation issues and more generally in order to comply with AML/KYC rules.