On 17 November 2025, the Luxembourg parliament published amendments to the carried interest draft law that aims to clarify and modernise the Luxembourg tax regime applicable to carried interest received by individual managers of alternative investment fund managers. These amendments were adopted by Parliament’s finance committee on 14 November 2025.
The proposed amendments address concerns raised by the Council of State in its opinion dated 21 October 2025 on the extended scope of the beneficiaries of the carried interest tax regime.
In this Alert, our Tax Partner, Petya Dimitrova, and our Chief Knowledge Officer, Marie Bentley, outline how the draft law has been modified by the adopted amendments.
