The Luxembourg parliament is considering a draft bill 7974 submitted on 9 March 2022 to address the infringement of certain aspects of the interest deduction limitation rules under the EU Anti-Tax Avoidance Directive (ATAD). In particular, the draft bill addresses a reasoned opinion sent by the European Commission on the grounds of incorrect transposition of ATAD in relation to a derogation of the measures limiting the deductibility of interest payments in favor of financial undertakings. AT…