Luxembourg: Commercial tax rate

* indicates monthly or quarterly data series
 Luxembourg

Tax rate, percent of commercial profits

 Latest value 20.40
 Year 2019
 Measure percent
 Data availability 2006 - 2019
 Average 20.29
 Min - Max 19.80 - 20.80
 Source The World Bank (doing business survey)
For that indicator, we provide data for Luxembourg from 2006 to 2019. The average value for Luxembourg during that period was 20.29 percent with a minimum of 19.8 percent in 2011 and a maximum of 20.8 percent in 2016. The latest value from 2019 is 20.4 percent. For comparison, the world average in 2019 based on 184 countries is 40.53 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent values chart
Luxembourg - Commercial tax rate - Recent values chart

Historical chart
Luxembourg - Commercial tax rate - historical chart - 2006-2019




Definition: Total tax rate measures the amount of taxes and mandatory contributions payable by businesses after accounting for allowable deductions and exemptions as a share of commercial profits. Taxes withheld (such as personal income tax) or collected and remitted to tax authorities (such as value added taxes, sales taxes or goods and service taxes) are excluded.


 Related indicators Latest value Reference Measure
 Government spending, percent of GDP 17.64 2022 percent
 Government spending, in dollars 14.40 2022 billion U.S. dollars
 Fiscal balance, percent of GDP 0.20 2022 percent
 Government debt 25.67 2023 percent
 Government expenditure 3.54 Q3/2023 billion
 Long-term government bond yield 3.16 9/2023 percent
 Tax revenue 26.11 2021 percent
 Commercial tax rate 20.40 2019 percent
 Tax preparation time 55 2019 hours
 Number of taxes 23 2019 taxes
 Taxes on goods and services 28.14 2021 percent
 Taxes on international trade 0.00 2021 percent
 Income and profits taxes 32.30 2021 percent
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