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December 28, 2023

Luxembourg Imposes 15% Minimum Tax for Multinationals Starting 2024

Lawmakers in Luxembourg passed law No.8292 in the recent parliament session, which obliges multinational corporate groups and substantial national entities within the EU to pay a minimum effective tax rate of 15 per cent from January 2024. The new changes mean that starting from next year, big global companies like Amazon, ArcelorMittal, SES, and Ferrero, […]