Luxembourg : Selected Issues.

This Selected Issues Paper analyzes the fiscal position and significant challenges for Luxembourg. Luxembourg's fiscal position is currently sound, however, fiscal safety buffers are being eroded. The country's healthy fiscal position will be challenged by forthcoming revenue losses as wel...

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التفاصيل البيبلوغرافية
مؤلف مشترك: International Monetary Fund. European Dept
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2014.
سلاسل:IMF Staff Country Reports; Country Report ; No. 2014/119
الوصول للمادة أونلاين:Full text available on IMF
الوصف
الملخص:This Selected Issues Paper analyzes the fiscal position and significant challenges for Luxembourg. Luxembourg's fiscal position is currently sound, however, fiscal safety buffers are being eroded. The country's healthy fiscal position will be challenged by forthcoming revenue losses as well as rapid trend growth in expenditures. An overall strategy to address this coming deterioration is needed. Beyond the planned value-added tax increase, recurrent property taxes are a possible additional source of revenue. On expenditures, social benefits should be an area of focus, and reforms of these benefits should also aim to reduce disincentives to work.
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وصف مادي:1 online resource (60 pages)
التنسيق:Mode of access: Internet
تدمد:1934-7685
وصول:Electronic access restricted to authorized BRAC University faculty, staff and students