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ARTICLE · 04 JUNE 2024

ATOZ Insights - May 2024

Atoz Tax Advisers
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Atoz Tax Advisers

Atoz Tax Advisers

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On 31 May 2024, a law introducing various measures to revive the construction sector was published.

LuxembourgTax
Atoz Tax Advisers
Atoz Tax Advisers

Law introducing measures for reviving the construction sector: Commentary

OUR INSIGHTS AT A GLANCE

  • On 31 May 2024, a law introducing various measures to revive the construction sector was published.
  • The aim of this package of measures is threefold: To strengthen the construction industry and craftmanship in order to maintain jobs in the sector; to increase the supply of housing; and to support people in acquiring or renting accommodation.
  • The package includes tax and non-tax measures with short, medium, and long-term effects. Some are limited to 2024, while others are structural.
  • We provide hereafter a commentary of the tax measures introduced by the government, including the various Grand-Ducal Regulations and the amendments proposed during the legislative process.

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