Tuesday, 31 January 2017

Luxembourg Parliament approves new corporate tax measures

The Luxembourg Parliament on December 14, 2016, approved a law (the Bill) making changes to the Luxembourg corporate, personal, and value-added tax (VAT) regimes, subject to confirmation by the Luxembourg State Council that no second hearing is required. Notable corporate changes include reducing the basic corporate income tax rate from 21% to 18% in two steps.
Source & more info: PwC