Luxembourg has responded to concerns surrounding aggressive tax avoidance schemes by adapting all of its tax legislation to new international standards while striving to maintain its title as the largest investment fund centre in Europe. Luxembourg Private Investment Funds members Bastien Voisin, Alexandrine Armstrong-Cerfontaine and Tara Drai outline the international tax developments that sponsors of, and investors in, Luxembourg-based private equity funds must take into account. Read the byline in PaperJam here.