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Special limited partnerships (SLPs) in Luxembourg

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John89

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I have asked a company about family foundations in Luxembourg, and they said it's not yet established (still on the drawing board for 5 years or so), and they recommended a Special limited partnerships (SLPs) in Luxembourg. As far as I can see, while it is perfectly legal to give your money to a family foundation, and no longer pay taxes for that money (the money now belongs to the foundation), one can put anonymously the money in a SLP, thereby hiding it from the taxman, but it's illegal, so if he is found out he will pay a big fine. Anybody has any information about the SLP? There is also a similar structure in the UK, but the one in Luxembourg seems to be better.
 
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