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Upcoming changes in real estate VAT in Luxembourg

Bill of Law 8149 proposes to extend the application of the super reduced VAT rate to any off-plan acquisition of dwelling used a main residence, whoever is the occupant, thus removing the condition in place since 2015 that the dwelling shall be used as the main residence of the owner. It also recommends to increase the related tax advantage from 50.000 to 100.000 EUR.

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