ATOZ Insights: 2024 Tax Forecast

OUR INSIGHTS AT A GLANCE

  • Various tax measures such as the major reform of the current investment tax credit framework and the adjustment of income tax scales will be applicable as from tax year 2024.
  • In the 2023-2028 coalition agreement of the recently elected Luxembourg government, various measures related to income taxes, subscription tax, housing, the modernisation of tax administration and the tax procedure were announced.
  • The new double tax treaty between Luxembourg and the UK as well as the new protocol to the double tax treaty between Luxembourg and Germany are on the way to be soon applicable.
  • We provide hereafter an overview of the main changes to be introduced.