Luxembourg has published the Law of 26 October 2022 in the Official Gazette, which provides for a temporary reduction in VAT rates. This includes:

• a reduction in the standard rate from 17% to 16%;
• a reduction in the reduced rate from 8% to 7%; and
• a reduction in the intermediate rate from 14% to 13%.

The VAT rate reductions apply for one year from 1 January to 31 December 2023.

In addition…