Luxembourg tax law provides for a withholding tax on dividend distributions made by Luxembourg resident companies, salaries and wages, director fees and income from certain literary, artistic and sports activities. Capital gains realized on dispositions of immovable property located in Luxembourg.Capital gains realized on dispositions of participations totaling at least 10% (or more) in Luxembourgish companies held for a period of less than 6 months (subject to any applicable double tax treaties) and.
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Profits derived from a permanent establishment in Luxembourg.In most cases, non-resident taxpayers are only subject to taxation on the following categories of Luxembourg source income as listed in Article 156 of the Luxembourg income tax law (LIR): Luxembourg levies corporate and personal income tax on its residents in respect of income and capital gains earned on a worldwide basis. In addition, Luxembourg is a key location for private banking. The Grand Duchy’s flexible and investment-friendly tax and legal systems have allowed it to become a major hub for investment funds and the formation of pan-European holding platforms. In terms of assets under management, Luxembourg is the largest investment fund center in Europe and the second largest in the world after the US. Rated AAA by all three main credit rating agencies, Luxembourg is usually at the forefront of cross-border trade and international investment and is one of the world’s most important financial centers. Situated at the heart of Western Europe, the Grand Duchy of Luxembourg benefits from longstanding political, social and fiscal stability.
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