Petitions to the Chamber of Deputies

OBJECT : Autoriser et encadrer légalement l'utilisation des caméras embarquées (« dash cams ») au Luxembourg afin d'améliorer la sécurité routière, faciliter la collecte de preuves en cas d'accident et protéger les conducteurs contre les fraudes et les litiges.

OBJECT : Dës Petitioun huet als Zil, zu Lëtzebuerg e méi gerechten a méi proportionale System vu Geldstrofen bei Vitessiwwerschreidungen anzeféieren. D'Verkéierssécherheet muss eng absolut Prioritéit bleiwen, an geféierlecht Verhalen am Stroosseverkéier soll weiderhin streng bestrooft ginn. Awer vill Bierger hunn haut d'Gefill, datt den aktuelle System net ëmmer genuch tëscht engem klenge Feeler an engem wierklech geféierleche Verhalen ënnerscheet. Et schéngt schwéier ze verstoen, datt eng Persoun, déi an enger 50er-Zon mat 51 km/h geblëtzt gëtt nom Toleranzofzéien, aktuell déi selwecht Geldstrof bezilt wéi eng Persoun, déi mat 69 km/h kontrolléiert gëtt. Obwuel de Risiko an d'Responsabilitéit net vergläichbar sinn, bleift d'Sanktioun identesch. Déi selwecht Situatioun fënnt een och bei 30er-Zonen, op Landstroossen oder op der Autobunn. Dës Petitioun fuerdert dofir eng méi fair an differenzéiert Staffelung vun de Sanktiounen, déi besser un d'Gravitéit vun der effektiver Vitessiwwerschreidung ugepasst ass. Eng gerecht a verständlech Regelung géif net nëmmen d'Gefill vu Fairness stäerken, mee och d'Akzeptanz vum System bei de Bierger verbesseren. Well eng Sanktioun gëtt vill besser akzeptéiert, wann si als gerecht a logesch empfonnt gëtt. D'Zil vun dëser Petitioun ass also net, Vitessiwwerschreidungen ze vernoléissegen, mee e System ze schafen, deen Sécherheet a Gerechtegkeet besser matenee verbënnt.

OBJECT : I. Subject of the petition The petition asks the Chamber of Deputies to amend the law of 10 August 1915 on commercial companies (the "Company Law") in order to expressly recognise the possibility, for an existing shareholder, to contribute equity to a Luxembourg company without receiving new shares in return. This practice, common in Luxembourg, is currently provided for only by accounting law, and not by company law. The absence of a statutory framework creates legal uncertainty for companies, shareholders, and creditors. The petition further asks that the tax treatment of such contributions be clarified, either by way of an amendment to the law of 4 December 1967 on income tax, or through a circular issued by the tax authorities. II. Background and current legal situation Contributing equity to a company without receiving new shares in return is a common operation in Luxembourg, particularly within groups of companies. It allows the equity of a company to be increased quickly, without the costs of a traditional capital increase by notarial deed. Yet this operation is only governed by accounting law (under capital account 115 of the Luxembourg Standard Chart of Accounts). Neither the Company Law nor any other company-law text sets out its legal effects, the conditions under which it may be carried out, the rights and duties of the contributing shareholders, or its consequences in the event of insolvency, liquidation or transfer of shares of the company. This absence of a legal framework has already given rise to unfavourable court decisions. In 2022, the Higher Administrative Court ruled that such contributions are not taken into account for the purposes of the parent-subsidiary tax regime. The result is a mismatch between the accounting treatment (which considers them as equity) and the tax treatment (which disregards them), to the detriment of legal certainty and the attractiveness of Luxembourg.