Our report reveals that 64% of multibillion-dollar, technically and operationally demanding megaprojects exceed budgets, with 73% missing project schedule deadlines. Why is project delivery decreasing?
Luxembourg Parliament voted the draft law approving the Income and Capital Tax Treaties between Luxembourg and Jersey, Guernsey and the Isle of Man, signed respectively on 17 April 2013, 10 May 2013 and 8 April 2013.
Markets in Financial Instruments Directives (MiFID II) will bring about fundamental changes to distribution of wealth and asset management products and services in the EU. Relationships will change, and the winners will be those who adapt their strategies and have the operational capability to respond effectively to the new environment.
On 12 July 2014 Luxembourg ratified the first Income and Capital Tax Treaty with Taiwan and the Protocol signed on 19 December 2011. Taiwan has already signed the Treaty and the Protocol. Provided that the legal process is finalized within the course of this year, the Treaty will come into force as of 1 January 2015.