On 2 October 2012, the 2013 Budget was presented to the parliament. 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 for small companies to EUR 10,000 for companies with...