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Luxembourg has collected unpaid taxes as a result of a tax amnesty scheme
Luxembourg has collected over EUR30mln (approx. $36.7mln) in unpaid taxes in 2016 as a result of a tax amnesty scheme, Finance Minister Mr Pierre Gramegna has told parliament.\ Reacting to a parliamentary question, Mr Gramegna exposed that 221 applications were filed under the amnesty scheme in 2016, with a further...
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Best fiscal result in 5 years from Luxembourg
The recent Budget from Luxembourg’s government has shown they came close to balance in the first three-quarters of 2017, as revenue growth outperformed spending, even with a continuing sharp fall in VAT revenues following the introduction of new ‘place of supply’ rules from the European Union. Mr Pierre Gramegna, Minister...
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