International Taxation and Luxembourg’s Economy
Luxembourg receives ample investment from multinational corporations, in part due to some attractive features in its international tax rules. Around 95 percent of these foreign investments pass through Luxembourg via companies performing holding and/or intra-group financing activities. While their contribution to Luxembourg’s economy is modest relative to their large overall balance sheets, they still generate around 3 percent of GDP in tax revenue, create almost 4500 direct jobs, and spend almost 3 percent of GDP on salaries and purchases of business services. Ongoing changes in the internati... Mehr ...
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Dokumenttyp: | Artikel |
Erscheinungsdatum: | 2020 |
Reihe/Periodikum: | IMF Working Papers ; volume 20, issue 264 ; ISSN 1018-5941 |
Verlag/Hrsg.: |
International Monetary Fund (IMF)
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Sprache: | Englisch |
Permalink: | https://search.fid-benelux.de/Record/base-27515999 |
Datenquelle: | BASE; Originalkatalog |
Powered By: | BASE |
Link(s) : | http://dx.doi.org/10.5089/9781513560922.001 |