A judgment of the Constitutional Court of Luxembourg was published on 20 November 2023 regarding the constitutionality of the wealth tax for companies (Vermögensteuergesetz - VStG). The VStG, as amended in 2016, is applied at different rates depending on the nature of a company and the net wealth (financial asset/debt) amount. The standard VStG is levied at a rate of 0.5% (5 per thousand) on the first EUR 500 million and 0.05% (0.5 per thousand) on the excess, if any. For specified taxpayers…