G20 leaders endorse global minimum corporate tax deal for 2023 start. How much do you think this is going to impact Luxembourg’s economy? Would the finance industry reduce their office sizes or leave the country entirely?
G20 leaders endorse global minimum corporate tax deal for 2023 start. How much do you think this is going to impact Luxembourg’s economy? Would the finance industry reduce their office sizes or leave the country entirely?
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Hey everyone, wondering what are the general thoughts here on the topic. In my opinion it could be a big threat to the current Luxembourgish business model, but it depends on details. At least the major targets seem to be tech companies which can have a big impact but not nearly as big as it would be if financial institutions were targeted.