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Luxembourg proposes reduction in corporate income tax rates and other changes

|Tax Alerts, Legislation & Policy, Na ...|Luxembourg, European Union
Luxembourg, European Union

  • On 17 July 2024, the Luxembourg government submitted a draft law (Draft Law) to Parliament containing certain individual income tax, corporate income tax (CIT) and fund taxation measures.
  • The proposed changes for corporate taxpayers include a reduction of the corporate income tax rates, modernization of the procedural framework for private asset management companies (sociétés de gestion de patrimoi…

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