Luxembourg corp tax rate
Corporate income taxes Luxembourg companies are subject to corporate income tax (CIT) and municipal business tax (MBT) computed on an almost identical basis. CIT is levied at a rate of 22%. A surcharge of 4% is payable to the unemployment fund. As a result, the effective CIT rate applicable is 22,88%. Corporate Tax Rates in 2017 for Comparison. In 2017, the United Arab Emirates was the country with the highest corporate tax rate across the globe. With a corporate tax of 40%, the country’s tax rate remained steady between 2017 and 2019. The country with the lowest tax rate in 2017 was a tie between… The Bahamas; Bahrain