The Luxembourg Directorate of Registration, Domains, and VAT has published Circular No. 812-1 of 27 December 2023, which confirms the end of the temporary reduction in VAT rates provided by the Law of 26 October 2022. As previously reported, the rate reductions included:
- a reduction in the standard rate from 17% to 16%;
- a reduction in the intermediate rate from 14% to 13%; and
- a reduction in the reduced rate from 8% to 7%.
With effect from 1 January 2024, the rates are reverted to the sta…