Insights Across Borders
Our members share updates, reflections, and guidance on the evolving tax landscape — from legislative developments and case law to international structuring and cross-border insights.
Each article is contributed by a member of the L&N network and reflects both technical excellence and practical experience in jurisdictions around the world.
Housing in Portugal: New Tax Measures to Boost Rental Supply and Construction
Portugal has introduced a new package of tax measures aimed at boosting residential construction and increasing rental supply. Reduced VAT rates, lower taxation on rental income, and capital gains exemptions are among the incentives reshaping the Portuguese housing market.
The New Portugal–UK Double Taxation Treaty: What You Need to Know
Portugal and the UK have signed a new double taxation treaty, introducing lower withholding taxes, updated rules on capital gains and pensions, and enhanced anti-abuse measures. The agreement brings greater clarity and opportunities for cross-border taxpayers.
Belgium Introduces New Tax System for Carried Interest
Belgium’s new tax regime for carried interest introduces a 25% rate on the excess share of fund managers’ income above a normal investor’s return, with specific rules for capital gains on shares.
Luxembourg Carried Interest Reform: Key Changes from 2026
Luxembourg plans to overhaul its carried interest regime from 2026, introducing two distinct categories with reduced rates or potential exemptions, expanding eligibility, and allowing deal-by-deal models. Fund managers should prepare for significant changes.
The Key Features of the New Capital Gains Tax on financial assets in Belgium
A new capital gains tax regime will come into effect in Belgium on 1 January 2026. With a standard 10% tax rate, exemptions of up to €15,000, and special rules for significant shareholdings, this reform introduces notable changes for both private investors and entrepreneurs.
German “Immediate Investment Program 2025”: making targeted use of tax opportunities
Germany’s proposed “Immediate Investment Program 2025” introduces a suite of tax measures designed to boost corporate investment — from accelerated depreciation and electric vehicle incentives to long-term reductions in corporate tax rates. Businesses looking to invest in Germany should act strategically to seize these temporary but impactful opportunities.
New France–Belgium Tax Treaty (Part II): Dividends, Interests & Capital Gains
The second part of our France–Belgium treaty alert explores cross-border treatment of dividends, interests, and capital gains.