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Luxembourg - Overview and introduction

Luxembourg - Overview and introduction

Taxation of international executives

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Side view of urban colourful trees under blue sky Luxembourg

Individuals domiciled in Luxembourg are subject to income tax on their worldwide income unless exempt under the provisions of a treaty. Domicile does not refer to the Anglo-Saxon term, but is a term used in Luxembourg tax law essentially equivalent to the term residence in most jurisdictions.

Non-residents (non-domiciliary) are subject to tax on certain categories of income from Luxembourg sources.

The official currency of Luxembourg is the Euro (EUR).

Herein, the host country/jurisdiction refers to the country/jurisdiction to which the employee is assigned. The home country/jurisdiction refers to the country/jurisdiction where the assignee lives when they are not on assignment.

Disclaimer

All information contained in this publication is summarized by KPMG Luxembourg, Société coopérative, the Luxembourg member firm affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity, based on the Luxembourg Income Tax Law of 4 December 1967 and subsequent amendments; Luxembourg law of 29 August 2008; Grand- Duchy regulation of 5 September 2008; the Luxembourg web site of Ministry of Foreign and European affairs, the Luxembourg website Guichet.lu and Ministère des Finances.

© 2021 KPMG Luxembourg, Société coopérative, a Luxembourg entity and a member firm of the KPMG global organization of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. All rights reserved. For more detail about the structure of the KPMG global organization please visit https://home.kpmg/governance.

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