INDIVIDUAL TAXATION

Posted by admin on June 29, 2017

Nonresidents are liable to tax on income originating from Luxembourg. Married couples can file jointly or separately.   INCOME TAX Income is taxed at progressive rates. In computing the taxable …

Buying costs

Posted by admin on June 29, 2017

How high are realtors’ and lawyers’ fees in Luxembourg? What about other property purchase costs? Transaction Costs Who Pays? Registration tax 6% – 10.20% buyer Notary fees 1.5% buyer Real …

Buying costs are moderate in Luxembourg

Posted by admin on June 29, 2017

Total roundtrip transaction cost, i.e., the cost of buying and selling, is between 12.21% and 16.41%, inclusive of registration fees (6% to10.2%) and estate agent’s commission (3% plus 17% VAT).

High taxes despite tax-haven reputation

Posted by admin on June 29, 2017

Rental Income: Rental income is taxed at progressive income tax rates ranging from 8% for net annual income exceeding €11,265, to 40% on income above €100,000. Capital Gains: If the …