Why Luxembourg? - The American Chamber of Commerce ...
Why Luxembourg? - The American Chamber of Commerce ...
Why Luxembourg? - The American Chamber of Commerce ...
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6.3.<br />
Appendix 3<br />
A competitive total tax rate<br />
<strong>Luxembourg</strong><br />
Cyprus<br />
Ireland<br />
Bulgaria<br />
Denmark<br />
Slovenia<br />
UK<br />
Latvia<br />
Lithuania<br />
Netherlands<br />
Poland<br />
Portugal<br />
Finland<br />
Greece<br />
Germany<br />
Slovakia<br />
Czeck Republic<br />
Estonia<br />
Hungary<br />
Sweden<br />
Austria<br />
Spain<br />
Belgium<br />
France<br />
21.1%<br />
23.2%<br />
26.5%<br />
29.0%<br />
29.2%<br />
35.4%<br />
37.3%<br />
38.5%<br />
38.7%<br />
40.5%<br />
42.3%<br />
43.4%<br />
44.6%<br />
44.9%<br />
47.2%<br />
48.2%<br />
48.8%<br />
49.6%<br />
53.3%<br />
54.6%<br />
55.5%<br />
56.5%<br />
57.0%<br />
65.8%<br />
0% 10% 20% 30% 40% 50% 60% 70%<br />
Source: Total Tax Rate / TTR: cost <strong>of</strong> all taxes borne including labor taxes, social security, property taxes, indirect taxes, environmental taxes…<br />
Source: “Paying Taxes 2011”, World Bank, International Finance Corporation, PwC.<br />
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