VATupdate
VAT

Share this post on

Luxembourg 2023 Budget – Application VAT rates

  • The application of the 8% reduced VAT rate to the sale, rental, and repair of bicycles and the repair of household appliances, with the 8% rate temporarily reduced to 7% in 2023;
  • The application of the 3% super-reduced VAT rate for solar panels; and
  • A CO2 tax exemption for biofuels and bioliquids that meet sustainability criteria and reductions in greenhouse gas emissions.

Source Orbitax

Sponsors:

VAT news
VAT news

Advertisements:

  • AXWAY - VATupdate Banner