Is Luxembourg a tax heaven?
Is Luxembourg a tax heaven?
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No. A tax haven implies the absence of either real taxation or a serious regulatory framework, or both. Neither applies to Luxembourg.
The applicable corporate tax rate of 28.5% is comparable to that of other European countries (Belgium 33.9%, Germany 29.58%, France 33.33%, United Kingdom 21%, Netherlands 25%).
Luxembourg fully abides by EU regulation.
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