On 13 December 2012, the Luxembourg parliament adopted the Budget for 2013. The Budget will be effective from 1 January 2013. The most important tax features, which will generally apply from 1 January 2013, are described below. Companies (a) Tax rate The surcharge for the employment fund will be increased by 2%. For companies the rate will, therefore, be increased from 5% to 7%. As a result, the total tax for Luxembourg City, including the municipal surcharge, will increase from 28.80% to 29.22%. (b) Minimum corporate income tax A minimum corporate income tax will be introduced ranging from EUR 500...