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Generic Tax Name Capital tax - Wealth tax
Tax name in the national language Impôt sur la fortune
Tax name in English Wealth tax
Member State LU-Luxembourg
Tax in force since 1934/10/16
If abolished, date on which the tax ceases to apply
Business version date 2015/01/01
Version date 2015/02/17
This file was last updated on

Type of tax
Direct taxes Personal income tax
Corporate income tax

Indirect taxes VAT
Excise duty (EU harmonised)
Alcoholic beverages
Energy products and electricity
Manufactured tobacco

Social security contribution Employers
Legal base

Wealth Tax Law of 16 October 1934; Regulation of 31 October 1939 amending the Wealth Tax Law;

Regulation implementing the Wealth Tax Law of 2 February 1935;

Ministerial Regulation of 16 April 1969;

Laws of 23 December 1975 amending certain provisions of the wealth tax (Mémorial A, 1975, p. 2167), of 31 July 1982 (Mémorial A, 1982, p. 1474) and of 14 June 1983 (Mémorial A, 1983, p. 1073);

Law of 6 December 1990 reforming certain provisions concerning direct and indirect taxation (Mémorial A, 1990, p. 1013);

Law of 21 December 2001 (Mémorial A, 2001, p. 3312);

Law of 22 March 2004 (Mémorial A, 2004, p. 720);

Law of 15 June 2004 (Mémorial A, 2004, p. 1568);

Law of 23 December 2005 (Mémorial A, 2005, p. 3366).

Who sets
The tax rate is set by

The tax base is set by

The reliefs are set by



Geographical Scope

Grand Duchy of Luxembourg.


Legal persons except partnerships (sociétés de personnes); members of which are taxed individually on the value of their participation, if members are legal persons. The net wealth tax on individuals has been abolished with effect from 1 January 2006.

Tax object and basis of assessment

Net wealth.


Total property, gross (farms and forestry holdings, all other movable and immovable, tangible and intangible property), less debts.

Minimum taxable amount:

  • for public limited companies and partnerships limited by shares: EUR 12,500
  • for private limited companies (SARL): EUR 5,000.
Deductions, Allowances, Credits, Exemptions


Pension funds, employers' pension and provident funds with legal personality; non-profit-making institutions of a charitable nature or such institutions serving the public interest; the national society for low-cost housing; public authority enterprises, securisation companies, venture capital/private equity investment vehicles (SICAR) in form of stock corporations.

Rate(s) Structure


Tax due date

General assessment every three years: a part of the tax is fixed annually and collected quarterly (by way of advance).

Tax collector

Administration of direct taxes (Administration des contributions directes).

Special features


Only assets located in Luxembourg are taxed.

Economic function

Environmental taxes

Tax revenue
ESA95 code d59aa

Annual tax revenue (millions)
Tax revenue as % of GDP
Tax revenue as % of total tax revenue
2012 267.00 EUR 0.61
2011 256.00 EUR 0.61
2010 208.00 EUR 0.53
2009 211.00 EUR 0.58
2008 169.00 EUR 0.45
2007 171.60 EUR 0.47
2006 149.60 EUR 0.45
2005 164.60 EUR 0.55
2004 133.50 EUR 0.48
2003 154.10 EUR 0.60
2002 159.70 EUR 0.65
2001 150.50 EUR 0.64
2000 152.30 EUR 0.66