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Luxembourg Proposed Contribution for the Future of Children

|Proposed Changes|Luxembourg
Luxembourg

A special contribution for the future of children has been proposed in Luxembourg. The contribution would be collected by the social security institution and levied at a rate of 0.5% on professional and replacement income decreased by 1/4 of the Luxembourg minimum social wage, and the income from movable and immovable properties. The basis for the contribution is not capped, and the contributio…

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