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Luxembourg Chamber of Deputies Approves Tax Relief Measures

|Approved Changes|Luxembourg
Luxembourg

Luxembourg's Ministry of Finance has announced that the Chamber of Deputies approved Bill No. 8414 (the Tax Relief Package) on 11 December 2024. The main measures include:

  • A reduction in the standard corporate tax rate from 17% to 16% on income exceeding EUR 200,000, along with a reduction in the reduced corporate tax rate from 15% to 14% on taxable income up to EUR 175,000 and a tax of EUR …

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