On 13 December 2012, the Luxembourg parliament adopted the Budget for 2013. The Budget will be effective from 1 January 2013. The most important tax features, which will generally apply from 1 January 2013, are described below.

Companies
(a) Tax rate
The surcharge for the employment fund will be increased by 2%. For companies the rate will, therefore, be increased from 5% to 7%. As a resu…