Luxembourg Government’s 2023-2028 Coalition Agreement: Increasing VAT benefits for dwellings

• Luxembourg government issued its coalition agreement for 2023-2028
• Economic policy will focus on a sustainable market and balance between efficiency and solidarity
• Goal is to maintain Luxembourg’s AAA credit rating and economic attractiveness
• Government aims to digitalize and modernize public services, simplify administrative procedures, and explore “silence equals agreement” principle
• Proposed VAT measure includes increasing tax benefit for construction or renovation of main dwelling, subject to European Commission approval.

Source: taxathand.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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