On 13 July 2023, the Luxembourg government submitted Bill 8276 in the Chamber of Deputies, which provides for the reform of the global investment tax credit and the additional investment tax credit. This includes an increase in the global investment tax credit from 8% to 12% and the removal of the current limit of EUR 150,000 for the credit (currently 8% on up to EUR 150,000 and 2% on the exce…