Luxembourg adopts various measures reducing individuals' tax burden

16 December 2024|Tax Alerts, Legislation & Policy, National/Federal Taxation, Global|Luxembourg

On 11 December 2024, the Luxembourg Parliament approved two legislative proposals containing certain individual income tax, corporate income tax, net wealth tax and fund taxation measures.
The proposed changes for individual taxpayers include a number of measures to alleviate the tax burden on households and to increase the attractiveness of Luxembourg as a workplace.¹
Although some formal legal steps still need to be taken before the proposals become law, these steps are expected to occur before …

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