The Grand Duchy of Luxembourg is a small, landlocked country in Western Europe. It is bordered by Belgium, France, and Germany.
Luxembourg has a mixed economy which includes high levels of openness and entrepreneurial activity, combined with centralized economic planning and government regulation. Key economic sectors include banking and finance, high/green-tech, communications, and steel, chemicals, rubber, plastics and automotive component manufacturing.
Luxembourg is open to foreign investment, and provides several incentives for investment in the country.
Currency is Euro (EUR).
|APA||Advance Pricing Agreement|
|CFC||Controlled Finance Corporation|
|CUP||Comparable Uncontrolled Price|
|EEA||European Economic Area|
|GAAR||General Anti-Avoidance Rule|
|LLC||Limited Liability Company|
|MAP||Mutual Agreement Procedure|
|OECD||Organization for Economic Co-operation and Development|
|TNMM||Transactional Net Margin Method|
|VAT||Value Added Tax|