LUXEMBOURG FACES PATENT TAX PROBE
March 15th, 2014
THE LUXEMBOURG government has been asked to provide detail of the tax decisions it has made regarding an 80% tax exemption for profits made from IP rights such as patents, trademarks, designs, models, internet domain names and software copyrights. The European Commission is worried that the Grand Duchy is abusing the system to grant tax benefits to a select group of companies, regardless of how much research they undertake. Such positive discrimination might break EU subsidy rules creating a level playing field for companies competing in the ...
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