- Luxembourg’s Land Registration and Estate Department has posted Circular No. 812-1 online.
- The circular clarifies that the temporarily reduced VAT rates for 2023 will expire on Dec. 31.
- Starting from Jan. 1, 2024, the normal VAT rate will increase to 17 percent from 16 percent.
- The intermediate VAT rate will increase to 14 percent from 13 percent.
- The reduced VAT rate will increase to 8 percent from 7 percent.
Source: news.bloombergtax.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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