A protocol to the double taxation convention between the UK and Luxembourg was signed on 2 July 2009.
This updates the exchange of information article of the existing convention to bring it into line with current OECD standards on information sharing.
The text of the protocol will shortly be presented to Parliament for approval and will enter into force once both countries have completed their legislative procedures.
It will take effect for tax years beginning on or after 1 January of the calendar year following its entry into force.