{"id":92546,"date":"2023-08-24T12:37:09","date_gmt":"2023-08-24T10:37:09","guid":{"rendered":"https:\/\/dev.promoculture.lu\/web\/produit\/non%20class\u00e9\/hybrid-mismatch-rules-in-luxembourg\/"},"modified":"2026-03-24T17:33:37","modified_gmt":"2026-03-24T16:33:37","slug":"hybrid-mismatch-rules-in-luxembourg","status":"publish","type":"product","link":"https:\/\/dev.promoculture.lu\/web\/produit\/1-droit-fiscalite\/luxembourg\/hybrid-mismatch-rules-in-luxembourg\/","title":{"rendered":"Hybrid mismatch rules in Luxembourg"},"content":{"rendered":"<p><span>Hybrid mismatches\u00a0<b>are the consequence of differences in the tax treatment of an entity, a financial instrument or a permanent establishment under the laws of two or more jurisdictions that may give rise to double taxation or double non-taxation.<\/b><\/span><\/p>\n<p><span>Hybrid mismatches that result in double non-taxation have been high on the agenda of the Organisation for Economic Coordination and Development (\u201cOECD\u201d) in the context of the initiative against Base Erosion and Profit Shifting (\u201cBEPS\u201d). Action 2 of the BEPS Project aimed at developing recommendations regarding rules to be implemented in domestic tax law and tax treaties to tackle situations of double non-taxation.\u00a0<\/span><\/p>\n<p><span><b>On 29 May 2017, the Council of the European Union adopted Anti-Tax Avoidance Directive 2\u00a0<\/b>(\u201cATAD 2\u201d) that required EU Member States to implement as from 2020 all-encompassing hybrid mismatch rules that virtually cover any type of hybrid mismatch situation that is theoretically possible.<\/span><\/p>\n<p><span><b>The hybrid mismatch rules are characterised by an extreme complexity that demands not only deep knowledge of Luxembourg tax law but also a good understanding of the tax laws of all foreign jurisdictions involved<\/b>, ATAD 2 and the Final Report on BEPS Action 2 that is explicitly mentioned as a source of interpretation.\u00a0<\/span><\/p>\n<p><span><b>This book is a practical guide that analyses the scope, limits and mechanisms of the hybrid mismatch rules<\/b>\u00a0(Article 168ter of the LITL)\u00a0<b>and the reverse hybrid mismatch rule<\/b>\u00a0(Article 168quater of the LITL). As such, it will be a companion to readers on their journey to a full comprehension of the hybrid mismatch rules that can best be compared to 3D chess.<\/span><\/p>\n<div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Hybrid mismatches\u00a0are the consequence of differences in the tax treatment of an entity, a financial instrument or a permanent establishment under the laws of two or more jurisdictions that may give rise to double taxation or double non-taxation. Hybrid mismatches that result in double non-taxation have been high on the agenda of the Organisation for [&hellip;]<\/p>\n","protected":false},"featured_media":92547,"template":"","meta":[],"product_brand":[],"product_cat":[148,3676],"product_tag":[],"class_list":{"0":"post-92546","1":"product","2":"type-product","3":"status-publish","4":"has-post-thumbnail","6":"product_cat-1-droit-fiscalite","7":"product_cat-luxembourg","8":"product_shipping_class-standard","9":"pa_auteurs-oliver-r-hoor","10":"pa_editeur-legitech","11":"pa_edition-aout-2023","12":"pa_nombre-de-pages-24101","14":"first","15":"instock","16":"purchasable","17":"product-type-simple"},"exclude_global_add_ons":[],"addons":[],"_links":{"self":[{"href":"https:\/\/dev.promoculture.lu\/web\/wp-json\/wp\/v2\/product\/92546","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dev.promoculture.lu\/web\/wp-json\/wp\/v2\/product"}],"about":[{"href":"https:\/\/dev.promoculture.lu\/web\/wp-json\/wp\/v2\/types\/product"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dev.promoculture.lu\/web\/wp-json\/wp\/v2\/media\/92547"}],"wp:attachment":[{"href":"https:\/\/dev.promoculture.lu\/web\/wp-json\/wp\/v2\/media?parent=92546"}],"wp:term":[{"taxonomy":"product_brand","embeddable":true,"href":"https:\/\/dev.promoculture.lu\/web\/wp-json\/wp\/v2\/product_brand?post=92546"},{"taxonomy":"product_cat","embeddable":true,"href":"https:\/\/dev.promoculture.lu\/web\/wp-json\/wp\/v2\/product_cat?post=92546"},{"taxonomy":"product_tag","embeddable":true,"href":"https:\/\/dev.promoculture.lu\/web\/wp-json\/wp\/v2\/product_tag?post=92546"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}