Luxembourg delays fairer tax for singles until vote by Yannick LAMBERT today at 09:04
Broader reform could also involve green taxes and measures to counteract the worsening housing crisis Finance Minister Pierre Gramegna Photo credit: LW/LT Archives
Luxembourg is set to delay a tax reform that would benefit singles which the government coalition promised until the country next goes to the polls in 2023, Finance Minister Pierre Gramegna has said in an interview.
Gramegna cited the pandemic as the reason for the delay of the long-planned fiscal reform that would see singles treated in the same way as married couples and people in civil unions, speaking to broadcaster RTL on Saturday.
Luxembourgâs talent gap New law aims to slash top management perks and introduce incentives to attract mid-level workers
Angling for top talent is high on any governmentâs agenda. But for a country as dependent on foreigners as Luxembourg, the stakes are higher than for others.
Almost half of the countryâs population comes from abroad, but the share of immigrants in the workforce stands at above 70%. Clearly, the countryâs high salaries, economic stability, safety, and good public health insurance are attractive. But will it be enough for the future?
Luxembourgâs plans to base its economy on highly skilled workers date back decades. In the mid-1980s, the country understood the opportunities offered by a new EU law that allowed fund managers to sell their retail investment funds throughout Europe.
Global Corporate Taxes Face âRevolutionâ After U.S. Turnaround
This content was published on April 9, 2021 - 04:00
April 9, 2021 - 04:00
(Bloomberg)
A surprise U.S. drive to overhaul international corporate taxation promises a new era for governments to capture a bigger tax take from some of the most successful global businesses if only the rest of the world can agree.
Welcoming noises in Europe to Treasury Secretary Janet Yellenâs proposals suggest a good start in shifting whatâs been a years-long impasse among more than 135 countries over harmonizing corporate taxes. At stake is shoring up cash-strapped finance ministries bankrolling massive Covid-19 crisis spending.
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Global Corporate Taxes Face âRevolutionâ After U.S. Shift
This content was published on April 9, 2021 - 14:56
April 9, 2021 - 14:56
(Bloomberg)
A surprise U.S. drive to overhaul international corporate taxation promises a new era for governments to capture a bigger tax take from some of the most successful global businesses if only the rest of the world can agree.
Welcoming noises in Europe to Treasury Secretary Janet Yellenâs proposals suggest a good start in shifting whatâs been a years-long impasse among more than 135 countries over harmonizing corporate taxes. At stake is shoring up cash-strapped finance ministries bankrolling massive Covid-19 crisis spending.