The government is hosting several informational sessions on its proposed changes to the tax system.
The finance ministry and Luxembourg Inland Revenue (ACD) are holding nine “open houses” around the country this month to provide direct answers to taxpayer questions.
Pierre Gramegna, the finance minister, and experts from the tax service will discuss the practical implications of the tax reform law, expected to take effect starting in 2017, as well as other tax-related questions, with both residents and cross-border commuters, the ministry said in an announcement on Thursday.
“Obviously, questions will also be taken and answered in English,” a finance ministry spokesman said on Saturday.
Earlier this year--among other changes--the government proposed abolishing the temporary 0.5% income tax, introduced in 2015 to balance the state budget, as well as a rise in the individual top tax rate, an increase in tax credits for single parents and mortgage interest deductions, a reduction in capital gains tax on investment property, and a change in how company cars are taxed, based on carbon emissions.
The bill would also lower corporate income tax and shield capital gains on property when family run companies are inherited.
The tax consultancies Deloitte, EY, KPMG and PwC (PDF) all published summaries of the tax bill in English earlier this year.
As of this writing, bill 7020 was still being reviewed by parliament’s finance and budget committee.
In last week’s government press release, Gremegna said that he was “delighted to have this opportunity to enter into dialogue with taxpayers and show them the local offices of the l’Administration des contributions directes”.
“D’Steierreform konkret” events take place Wednesday 12 September at 12noon in Luxembourg City-Centre and at 6pm in Pétange, on Thursday 13 September at 6pm in Ettelbrück, Friday 16 September at 6pm in Esch-sur-Alzette, Monday 19 September at 6pm in Echternach, Tuesday 20 September at 6pm in Dudelange, Wednesday 21 September 16 at 6pm in Clervaux, Thursday 22 September at 6pm in Remich, and on Monday 26 September at 6pm in Luxembourg City-Centre. The meeting locations are published on the ministry’s website.