smaller bigger bigger

For residents in the Grand Duchy of Luxembourg

The law of 23 December 2005 (“Law introducing a domestic withholding tax on certain interest income on interest payments”) introduced new tax provisions for Luxembourg taxpayers :

  • Since 1 January 2006, certain income interest received in Luxembourg by a natural person resident in Luxembourg is subject to a final withholding tax of 10%.
  • At the same time as the introduction of this new withholding tax, wealth tax is abolished for individuals from 2006.

To find out about the tax treatment of investment products, see our brochure in French language “ Retenue à la source pour les résidents luxembourgeois" (Withholding tax for individuals resident in Luxembourg) or contact our advisors.