Luxembourg VAT Administration Posts Circular on Expiration of Temporary Reduction in VAT Rates

The Luxembourgish Land Registration and Estate Department Dec. 27 posted online Circular No. 812-1, clarifying that the temporarily reduced VAT rates applicable for 2023 will expire Dec. 31. The circular states that, effective Jan. 1, 2024: 1) the normal VAT rate will revert to 17 percent, from 16 percent; 2) the intermediate VAT rate will revert to 14 percent, from 13 percent; and 3) the reduced VAT rate will revert to 8 percent, from 7 percent. [Luxembourg, Land Registration and Estate Department, 12/27/23]

Reference: View Circular No. 812-1. View Announcement.