Luxembourg has published an amendment to the VAT Act, which includes a provision temporarily reducing current VAT rates by 1%.
Timeline
The new VAT rates will be effective between January 1 and December 31, 2023.
The new rates
The VAT rates will change as follows:
- Standard rate – lowered from 17% to 16%
- Intermediate rate – lowered from 14% to 13%
- Reduced rate – lowered from 8% to 7%
The reduction does not apply to the super-reduced rate, which will remain at 3%.
Source Fonoa
Latest Posts in "Luxembourg"
- Luxembourg VAT on Directors’ Fees: Impact of CJEU C-288/22 Ruling and District Court Decision
- Luxembourg’s e-Invoicing Implementation: Compliance, Standards, and Future Developments in Public Procurement
- eInvoicing in Luxembourg
- Benelux Study Day on E-Invoicing (25 March 2025): Conclusions and Strategic Outlook
- Briefing Document & Podcast – ECJ C-497/01 (Zita Modes): VAT Transfers and the “No-Supply Rule” under EU Law
