On 6 November 2007, the Luxembourg government submitted Bill No. 5801 to parliament. The most important details regarding corporate income tax, which would apply as from 1 January 2008, are summarized below. Investment credit The investment credit for supplementary investments in qualifying assets would be increased from 10% to 12%. Introduction of partial exemption for income and gains from intellectual property rights It is proposed to introduce a partial exemption amounting to 80% of the income and capital gains derived for the use of, or the right to use any copyright on software, patents, trademarks, designs or models. As a...