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April' 2015 | Archive | Blog

The company car tax

2015-04-20

Employees in Luxembourg who want to purchase a company car can deduct the purchase price of the vehicle using the 100% cap method. This company car tax was introduced through a new circular issued by the Luxembourg Direct Tax Authority. If you are an employee in Luxembourg who wants to find out more about purchasing a company car, our Luxembourg lawyers can help you make the necessary arrangements.

OECD: Luxembourg should diversify its economy

2015-04-06

The most recent OECD report in Luxembourg reveals that the country needs to find ways to diversify its economy as fast as possible in order to lower the existing dependence on the financial sector. While Luxembourg is regarded as one of the most prosperous economies in the EU and a good location for investments, the Organization for Economic Co-operation and Development believes that certain changes could be implemented to ensure the country’s well-being on the long term.