Information

Concerning the responsibility or the liability for the contents und links, we refer to our Legal Information notice.

State of the Nation Address 2020 of 13.10.2020:

In his State of the Nation address, Xavier Bettel rejected a comprehensive tax reform for the coming year. However, he has announced tax changes on the following points:

  • Taxation of share deals:
    • Increase of the "real estate transfer tax" on the contribution of real estate against the issue of shares.
    • Taxation of income from Luxembourg real estate held directly or indirectly (via tax transparent companies or constructions/FCPs) by Luxembourg SIFs at 20% (net rents, capital gains)
    • Prohibition to hold SPF real estate indirectly (via tax-transparent companies or constructions/FCP)
  • Abolition of the preferential wage/income taxation of benefits in kind from financial instruments (so-called "warrant schemes") as of 2021
  • Legal regulation of the so-called "Impatriates" regime to promote the international recruitment of qualified employees by means of tax incentives