10 août 2016 Droit fiscal
On 26 July the draft law N° 7020 (the Draft Law) was submitted by the Luxembourg Government to the Parliament regarding the upcoming tax law changes. The Draft Law aims at enhancing competitiveness, promoting fairness and favouring the internationally agreed standards. Both corporate and individual taxpayers, direct and indirect taxes are going to be affected by the Draft Law.
The most significant tax measures that impact on corporate taxpayers are highlighted below:
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