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VAT

LUXEMBOURG

Luxembourg

Luxembourg is one of the 27 Member States of the European Union.

Basic VAcTs

Latest update 01.06.2024
Country ISO Code LU
EU Member State Yes
Local name Taxe sur la valeur ajoutée (TVA)
VAT number format  
VAT Rates  
Standard VAT Rate 17%
Reduced VAT Rate 8%
Special Reduced VAT Rate

3% + 14%

VAT Compliance  
Standard VAT Return filing period Monthly *
Standard VAT Return filing deadline 15th day of the month following the filing period

VAT Representation required for non-resident
businesses?

No
Record retention period 10 years *
Electronic invoicing Not mandatory for B2B transactions
Click HERE for more info
Real-time reporting n.a.
Special Rules  
General domestic reverse charge for domestic
supplies of goods by non-resident businesses?
No
Other domestic reverse charge mechanisms? Yes, e.g. supplies of specific goods (e.g.
IT-products, supply of CO2-certificates
Postponed Accounting on Import Yes
VAT Grouping possible? Yes
VAT Refunds for non-EU businesses? Yes (no reciprocity)
Remarks  
Link to VAT Law HERE
Remarks * A SAF-T file may have to be kept ('FAIA').

Below is an overview of the latest VAT news for this country.

Note: The above information is taken from various sources and is for information purposes only and is not intended to be advice. Although the author went to great lengths to make sure the information is accurate and useful, users should not act on the basis of any matter used or presented without considering appropriate professional advice.

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