Loi du 21 juin 2005 transposant en droit luxembourgeois la directive 2003/48/CE du 3 juin 2003 du Conseil de l’Union européenne en matière de fiscalité des revenus de l’épargne sous forme de paiement d’intérêts

This law incorporates European Union Directive 2003/48/EC into Luxembourg's national legal system. Its primary goal is to ensure that income from savings, specifically interest payments, is properly taxed to prevent tax evasion across borders. This procedure affects individuals and financial institutions in Luxembourg. It establishes rules for reporting and taxing interest payments received from other EU member states.