The term "airdrop" is simply a matter of certain tokens (coins) being distributed for free. A cryptocurrency holder receives additional units of a cryptocurrency without any action on his part. Thus, he does not have to pay for the cryptocurrency obtained through an airdrop. Often,...
On 18 December 2018, the Luxembourg Parliament voted to approve the law implementing the EU Anti-Tax Avoidance Directive laying down rules against tax avoidance practices that directly affect the functioning of the internal market ("ATAD 1") into Luxembourg domestic law (the "ATAD 1 Law"). It...
On 23 August, the CSSF published the long waited, new CSSF Circular 18/698 (hereafter “circular”) on the “authorization and organization of Luxembourgish investment management companies; Specific provisions on the fight against money laundering and terrorist financing applicable to investment fund managers and entities carrying out...
Our objective is to make continual improvements in our efforts to run our business in a sustainable and responsible manner. That is why we rely on regular and in voluntary quality controls by an external company (auditor, http://www.accura-audit.de/) – before, during and after our work on financial statements and tax returns. jinfa S.à r.l. is the first...