Arendt Seminar

Oct 30, 2020
11:00 AM


Oct 30, 2020
11:45 AM
Where ?
Online session
Who ?


On 14 October 2020, the Luxembourg government filed the 2021 budget bill of law (n°7666) with the Parliament. The proposed measures are driven primarily by the COVID-19 crisis and resulting budget constraints, as well as the will to ensure social fairness and competitiveness.


In this context, the government deliberately chose not to increase or introduce new taxes for individuals, such as inheritance or wealth taxes, but it proposes inter alia to introduce an already much-talked about 20% real estate levy as of 1 January 2021 on gross income (rents and capital gains) derived by certain investment funds from real estate located in Luxembourg. In addition, the government proposes to raise transfer taxes on contributions of Luxembourg real estate and to introduce a prohibition for family wealth management companies (SPF) to invest into real estate through tax transparent partnerships.


Our tax experts have performed an in-depth analysis of these measures and will provide you with an insight into their exact scope and main consequences for the Luxembourg real estate market.


Should you have any questions, please contact




WEBINAR invitation - Budg... PDF - 142.41 KB Download
Presentation - Webinar - ... PDF - 235.42 KB Download
Recording - Budget 2021 -... MP4 - 18.36 MB Download

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Alain Goebel

Alain Goebel is a Partner in the Tax Law practice of Arendt & Medernach where he advises an international clientele on the tax and transfer pricing aspects of Luxembourg and cross border transactions, in particular corporate reorganisations, acquisitions and financing structures. He has been a member of the Luxembourg Bar since 2002. He is a member of ALFI, LPEA, IFA and AIJA. He acted as President of YIN from 2013-2016 and as Luxembourg National Representative for AIJA from 2012-2015. He was a lecturer in business taxation at the University of Luxembourg from 2009-2016 and is a regular speaker at tax seminars. He has published several papers on tax law, including national reports for IFA an...

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