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.
The “wind of change” in Luxembourg – 1. Challenges for corporate service providers
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.