The Luxembourg government has reportedly adopted its final tax reform plans for 2017. The main measures include:

• Reducing the standard corporate tax rate from 21% to 19% in 2017 and to 18% in 2018;
• Reducing the reduced corporate tax rate for small businesses from 20% to 15%, and raising the threshold for the reduced rate from EUR 15,000 to EUR 25,000 in taxable income;
• Increasing the fixed min…