Luxembourg

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Practice area

World TP Reviews

Transfer pricing
Arendt & Medernach

Arendt & Medernach is a Luxembourg-based firm that focuses on the legal, regulatory, taxation and advisory aspects of business. It provides a range of transfer pricing that extends from advisory work to implementation and litigation.

Partner Alain Goebel advises on tax and transfer pricing matters. Last year he advised Amundi on a significant market move. The company made a large acquisition and Goebel advised on the complex integration that followed, including advising on issues of tax and transfer pricing.

Earlier this year the firm made two additions to its transfer pricing team. Daniel Beaten joined from Duff & Phelps and will be of counsel at the firm. Transfer pricing associate Fanny Adouda joined in April and was previously at PwC. The firm also hired a senior associate in corporate tax, Stephanie Maschiella, who was at Deloitte before joining the firm. 

Client feedback

“Great all-around firm, certainly one of the top firms for tax advice in Luxembourg.”

Atoz

Atoz is an advisory firm that specialises in tax and transfer pricing. Partners Oliver Hoor and Christophe Darche lead transfer pricing matters and have trained in this area through the Luxembourg Chamber of Commerce training offer.

The team has worked on the restructuring of pan-European core real estate funds over the last year. It acted as a coordinator for the client, managing many different aspects of the project including transfer pricing. Oliver Hoor and Christophe Darche also advised a large American multinational technology manufacturer, providing transfer pricing and tax services for the client.

François-Paul Patin joined the firm as director of international and corporate tax in 2017. Former VAT manager at Deloitte Lionel Van der Noot also joined in 2017 as director of indirect tax. Former PwC senior advisor Silvin Leibengut joined the firm as a director of indirect tax in September of last year. 

Client feedback

“The work was well coordinated and response was timely provided.”

“They provide excellent responsiveness, straight-to-the-point advice, a quick turnaround of the advice and are always reliable.”

“Atoz are very reactive and provide a high quality service.”

Baker McKenzie

Baker McKenzie is a full-service international firm. The team provides a wide range of tax and transfer pricing support to high-profile clients. 

The transfer pricing team has grown in the last year and recently welcomed Lazaros Teneketzis to the team. He has been working within transfer pricing for more than nine years and worked for transfer pricing at Ryan before joining Baker McKenzie.

André Pesch left the firm 2017 and joined TS&P. Senior tax managers Arnaud Lebrave and Emilie Mattos both left the firm in January 2018 and also joined TS&P.

Client feedback

“We have worked with the firm for a long time and they are good for transfer pricing.”

Deloitte

Deloitte Luxembourg is a leader in tax and transfer pricing with 30 partners and more than 460 professionals. Stephan Tilquin leads the transfer pricing team. He specialises in international tax and transfer pricing and has more than 11 years’ experience advising corporate investors.

The team has supported clients developing their approach to transfer pricing following changes to the regulations in Luxembourg that align with the OECD and BEPS. Transfer pricing partner Ralf Heussner has also supported clients with the development and implementation of transfer pricing policy for a large-scale cash pooling arrangement.

In May 2017 the firm hired cross-border tax partner Anne-Catherine Grave. She has more than 17 years' experience in the private equity and real estate sectors.

EY

The EMEIA Tax Center at EY is organised as a supranational entity covering the entire Europe, Middle East, India and Africa (EMEIA) region, with its Intercompany Effectiveness and operational transfer pricing practice serving clients’ needs across all jurisdictions.

Led by Oslo-based partner Sveinung Baumann-Larsen, it brings together multi-disciplinary experience and resources focused on IT, accounting, and tax from the entire region in its work. This work covers some of the leading global companies in their respective fields and includes those involved in retail and consumer products, energy and pharmaceuticals, to name but a few.

KPMG

The tax team at KPMG is led by Georges Bock, who has more than 20 years of experience in the financial sector. The firm also has a well-respected transfer pricing team led by Philippe Neefs.

Last year the team supported a Chinese investment company and advised them on the Luxembourg tax aspects of transactions and documentations from a transfer pricing point of view.

In 2017 partner Jean-Paul Olinger left the firm.

Loyens & Loeff

The transfer pricing team at Loyens & Loeff is led by Peter Moons and supported by Frank van Kuijk. It designs transfer pricing strategies for companies in a range of sectors.

Over the last year the firm has been assisting high-value companies in transfer pricing, transactional tax and corporate tax matters.

The firm has made a number of hires in its tax and transfer pricing team in the last 12 months. Associates Mikola Vanik, Sophie Ogdden and Fernanda Rubim joined in 2017, while tax adviser Daniel Hippchen joined in 2018. Before joining the firm Hippchen had been tax adviser at PwC and tax associate at Warburg Invest Luxembourg. Earlier in 2018 Willem Bon also joined as a partner. He had previously been a partner at Loyens & Loeff for 24 years, before he joined EY for the last four.

In summer last year senior tax adviser Rafaël Moll De Alba left the firm and is now a tax partner at Charles Russell Speechlys.

T/A Economics

T/A economics is a transfer pricing and valuation boutique that serves clients across Benelux. The firm has a focus on high-end projects-based support and provides business restructuring and transfer pricing valuation, treasury transfer pricing, cash pooling, factoring structures and dispute resolution. 

Over the last year the firm has supported ESAS, TH Real Estate, and the global player in stainless steel, Aperam. Andy Neuteleers is one of the founding partners of T/A Economics and leads many of the transfer pricing projects. He is a transfer pricing and valuation specialist and before founding the firm worked with KPMG and EY.