Petitions to the Chamber of Deputies

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.

OBJECT : Cette pétition demande l'introduction d'une obligation pour tous les candidats de toutes les catégories de permis de conduire de présenter, lors de l'examen pratique, un certificat officiel de cours de premiers secours valide, datant de moins de 5 ans. L'objectif de cette mesure est de : • aide rapide et de qualité aux personnes en situation d'urgence, • renforcer la sécurité routière, • mieux préparer la population aux situations d'urgence, • et sauver des vies.

OBJECT : « Plus de 200 000 travailleurs frontaliers traversent chaque jour notre pays ! De même, des centaines de milliers de personnes viennent quotidiennement pour faire le plein et acheter des cigarettes ! Sans oublier plus d'un million de touristes, chaque année! Avec, par exemple, une vignette nationale de 50 EUR par an, cela représenterait une source de revenus significative pour le Luxembourg ! Cela permettrait de compenser une petite partie du transport public gratuit, qui est également principalement. utilisé par des non-Luxembourgeois. » Où disons des non-résidents ! Est-ce que cela ne vaudrait pas la peine, pour créer des recettes supplémentaires ?