Facts
- Combined corporate income tax rate
- 24.9 % (2023)
- Top statutory personal income tax rate
- 45.8 % (2022)
- Tax revenue, % of GDP
- 28.6 % (2024)
- Top marginal rate incl. employee social security
- 47.2 % (2022)
- OECD member
- Yes
- Corporate income tax rate, central government
- 18.2 % (2023)
- Corporate income tax rate, sub-central
- 6.8 % (2023)
- Central CIT rate net of sub-central deduction
- 18.2 % (2023)
- Central CIT rate excluding surtax
- 17.0 % (2023)
- Top marginal income tax rate (PIT only)
- 45.8 % (2022)
- Top rate threshold, × average wage
- 3.08× (2022)
- Average annual wage, US$ PPP
- $81,203 (2022)
- Average annual wage, national currency
- 70,189 (2022)
- Tax revenue level
- 25% of GDP or more
- Taxes on income, profits and capital gains, % of revenue
- 55.4 % (2024)
- Taxes on goods and services, % of value added
- 12.4 % (2024)
- ISO code
- LUX
Sources: OECD Corporate Tax Statistics, OECD Tax Database, World Bank WDI (CC BY 4.0)
Tax revenue, % of GDP
| Period | Value |
|---|---|
| 2024 | 28.6 % |
| 2023 | 27.0 % |
| 2022 | 26.7 % |
| 2021 | 26.1 % |
| 2020 | 25.7 % |
| 2019 | 26.9 % |
| 2018 | 26.9 % |
| 2017 | 24.5 % |
| 2016 | 23.8 % |
| 2015 | 23.3 % |
| 2014 | 24.7 % |
| 2013 | 24.6 % |
Taxes on income, profits and capital gains, % of revenue
| Period | Value |
|---|---|
| 2024 | 55.4 % |
| 2023 | 53.5 % |
| 2022 | 51.0 % |
| 2021 | 50.2 % |
| 2020 | 50.7 % |
| 2019 | 51.1 % |
| 2018 | 51.9 % |
| 2017 | 50.2 % |
| 2016 | 50.3 % |
| 2015 | 50.7 % |
| 2014 | 46.2 % |
| 2013 | 47.3 % |
Taxes on goods and services, % of value added
| Period | Value |
|---|---|
| 2024 | 12.4 % |
| 2023 | 12.1 % |
| 2022 | 13.0 % |
| 2021 | 12.9 % |
| 2020 | 12.4 % |
| 2019 | 12.9 % |
| 2018 | 12.8 % |
| 2017 | 12.1 % |
| 2016 | 11.7 % |
| 2015 | 11.6 % |
| 2014 | 14.1 % |
| 2013 | 13.6 % |
Corporate income tax rate, central government
| Period | Value |
|---|---|
| 2023 | 18.2 % |
| 2022 | 18.2 % |
| 2021 | 18.2 % |
| 2020 | 18.2 % |
| 2019 | 18.2 % |
| 2018 | 19.3 % |
| 2017 | 20.3 % |
| 2016 | 22.5 % |
| 2015 | 22.5 % |
| 2014 | 22.5 % |
| 2013 | 22.5 % |
| 2012 | 22.1 % |
Combined corporate income tax rate
| Period | Value |
|---|---|
| 2023 | 24.9 % |
| 2022 | 24.9 % |
| 2021 | 24.9 % |
| 2020 | 24.9 % |
| 2019 | 24.9 % |
| 2018 | 26.0 % |
| 2017 | 27.1 % |
| 2016 | 29.2 % |
| 2015 | 29.2 % |
| 2014 | 29.2 % |
| 2013 | 29.2 % |
| 2012 | 28.8 % |
Average annual wage, US$ PPP
| Period | Value |
|---|---|
| 2022 | $81,203 |
| 2021 | $75,874 |
| 2020 | $75,164 |
| 2019 | $71,903 |
| 2018 | $70,536 |
| 2017 | $68,652 |
| 2016 | $66,262 |
| 2015 | $63,384 |
| 2014 | $62,117 |
| 2013 | $59,905 |
| 2012 | $57,313 |
| 2011 | $55,988 |
Year by year · 30
| Country-year | Combined corporate income tax rate | Top statutory personal income tax rate | Tax revenue, % of GDP |
|---|---|---|---|
| Luxembourg 2024 | — | — | 28.6 % |
| Luxembourg 2023 | 24.9 % | — | 27.0 % |
| Luxembourg 2022 | 24.9 % | — | — |
| Luxembourg 2021 | 24.9 % | — | — |
| Luxembourg 2020 | 24.9 % | — | — |
| Luxembourg 2019 | 24.9 % | — | — |
| Luxembourg 2018 | 26.0 % | — | — |
| Luxembourg 2017 | 27.1 % | — | — |
| Luxembourg 2016 | 29.2 % | — | — |
| Luxembourg 2015 | 29.2 % | — | — |
| Luxembourg 2014 | 29.2 % | — | — |
| Luxembourg 2013 | 29.2 % | — | — |
| Luxembourg 2012 | 28.8 % | — | — |
| Luxembourg 2011 | 28.8 % | — | — |
| Luxembourg 2010 | 28.6 % | — | — |
| Luxembourg 2009 | 28.6 % | — | — |
| Luxembourg 2008 | 29.6 % | — | — |
| Luxembourg 2007 | 29.6 % | — | — |
| Luxembourg 2006 | 29.6 % | — | — |
| Luxembourg 2005 | 30.4 % | — | — |
| Luxembourg 2004 | 30.4 % | — | — |
| Luxembourg 2003 | 30.4 % | — | — |
| Luxembourg 2002 | 30.4 % | — | — |
| Luxembourg 2001 | 37.5 % | — | — |
| Luxembourg 2000 | 37.5 % | — | — |
| Luxembourg 1999 | — | — | 25.1 % |
| Luxembourg 1998 | — | — | 25.6 % |
| Luxembourg 1997 | — | — | 25.2 % |
| Luxembourg 1996 | — | — | 24.7 % |
| Luxembourg 1995 | — | — | 24.5 % |