Luxembourg has published the Law of 26 October 2022 in the Official Gazette, which provides for a temporary reduction in VAT rates. This includes:
- a reduction in the standard rate from 17% to 16%;
- a reduction in the reduced rate from 8% to 7%; and
- a reduction in the intermediate rate from 14% to 13%.
Source Orbitax
Latest Posts in "Luxembourg"
- EU ViDA E-Invoicing: Key Changes and Luxembourg Implications for Cross-Border B2B Transactions
- VAT and Transfer Pricing: Scrutiny of Intragroup Services in the Banking Sector Intensifies
- Luxembourg Issues New Circular Revising VAT Rules for Company Cars and Repealing Previous Guidance
- Luxembourg Issues New VAT Rules for Company Cars, Eliminates Professional vs. Private Use Distinction
- New VAT Circular Ends Professional/Private Use Split for Company Cars, Clarifies QM Case Law Application
