- Luxembourg government introduced bill of law 8406 on 1 July 2024
- Changes in VAT law to be implemented from 1 January 2025
- Changes driven by EU Directives to adapt VAT system
- Changes include increase in domestic threshold for small businesses, introduction of special scheme for EU small businesses, extension of reduced VAT rate to works of art, and change in place of taxation for virtual events.
Source: arendt.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
