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14 Sep 2016

New Corporate Tax Measures

On July 26th 2016, the Minister of Finance presented the new tax measures that would be applicable as from 2017. The most relevant changes applicable to corporations are as follows:

  • reduction of the corporate income tax rate
  • limitation of tax losses carried forward
  • increase of the investment tax credits
  • increase of the minimum net wealth tax.

For further details, please refer to our Legal Alert on Luxembourg 2017 tax reform.