Capital Gains Tax (Effective) in Luxembourg compared to Europe

Footnote | Export Sort: Alphabetically | Ascending | Descending

Click name of country for detailed information
Albania 15.00%
Andorra 15.00%
Austria 30.00%
Belarus 13.00%
Belgium 16.50%
Bosnia & H. 10.00%
Bulgaria 10.00%
Croatia 0.00%
Cyprus 20.00%
Czech Rep. 15.00%
Denmark 24.00%
Estonia 20.00%
Finland 34.00%
France 33.30%
Germany 0.00%
Greece 15.00%
Hungary 15.00%
Iceland 31.80%
Ireland 33.00%
Italy 0.00%
Latvia 15.00%
Liechtenstein 17.01%
Lithuania 15.00%
Luxembourg 19.48%
Macedonia 10.00%
Malta 12.00%
Moldova 10.00%
Monaco 0.00%
Montenegro 9.00%
Netherlands 1.62%
Norway 22.00%
Poland 0.00%
Portugal 28.00%
Romania 0.00%
Russia 20.00%
Serbia 20.00%
Slovak Rep. 25.00%
Slovenia 15.00%
Spain 19.00%
Sweden 30.00%
Switzerland 0.00%
Turkey 0.00%
UK 28.00%
Ukraine 18.00%

Luxembourg: Capital gains taxes (%).

In arriving at effective capital gains tax rates, the Global Property Guide makes the following assumptions:

  • The property is directly and jointly owned by husband and wife;
  • They have owned it for 10 years;
  • It is their only source of capital gains in the country
  • It has appreciated in value by 100% over the 10 years to sale
  • The property was worth US$250,000 or 250,000 at purchase.
  • It is not their sole or principal residence.

These assumptions are critical. In many countries a holding period of less than 5 years results in capital gains being taxable. But a longer holding period often results in no capital gains tax being payable. For more details see the Data FAQ

Source: Global Property Guide Research, Contributing Accounting Firms

Luxembourg publishes average apartment price time-series starting Q1 2007, available on-line from the Service Central de la Statistique et des Etudes Economiques du Luxembourg (Statec). The Ministere du Logement also publishes quarterly advertised selling prices of houses. General economic statistics can be got from the Banque Centrale du Luxembourg, and from Statec.