Luxembourg Publishes Budget Law for 2019
Luxembourg has published the Law of 26 April 2019 in the Official Gazette, which includes the measures for the 2019 Budget. The main tax measures include:
- A reduction in the standard corporate income tax rate from 18% to 17%, resulting in an effective rate of 24.94% considering the solidarity surtax of 7% and the municipal business tax of 6.75% in Luxembourg City (business tax rate varies by …