Interest on deposits and bonds 20%; property sales after 5 years at half the rate
Interest on savings deposits and bonds paid by a Luxembourg paying agent bears the final RELIBI tax of 20%. Gains on securities and funds after 6 months of ownership are exempt (except holdings above 10%). A property sale within 5 years is taxed on the scale of up to 42%, later at half the average rate (no more than 21%), with an allowance of EUR 50,000 once every 10 years; a main home is exempt. Purchase duty is 7%, and the Bëllegen Akt tax credit is EUR 40,000 per person.
What this changes in the calculation
Deposit, government bonds and corporate bonds 20%; fund 0% after 6 months.
- Source
- impotsdirects.public.lu
- Status
- verified
- Published