The temporary VAT rate cuts included in the [anti-inflation] package adopted by the government (see our previous alerts 2022-08 and 2022-09 as well as the summary table below) and applicable in calendar year 2023 require businesses to review and address their impacts on their operations. Timely actions should minimize the risk of costly mistakes and may also trigger some cash-flow opportunities.
Source KPMG
Latest Posts in "Luxembourg"
- 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
- Circular No. 807-1 – Provision of Company Cars to Employees and VAT Implications
- Luxembourg VAT on Directors’ Fees: Impact of CJEU C-288/22 Ruling and District Court Decision
