Temporary decrease of Luxembourg VAT rates – key takeaways
06 October 2022
Following the example of other countries, the Luxembourg government announced recently a package of measures to tackle inflation and mitigate the financial impact for both companies and households. Such initiative is the result of negotiations among the members of the Luxembourg “tripartite” (i.e., the Luxembourg government, employers, and trade unions).
Among others, it has been decided that the Luxembourg VAT rates on goods and services shall be temporarily decreased.