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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מחבר תאגידי: International Monetary Fund. European Dept
פורמט: כתב-עת
שפה:English
יצא לאור: Washington, D.C. : International Monetary Fund, 2014.
סדרה:IMF Staff Country Reports; Country Report ; No. 2014/119
גישה מקוונת:Full text available on IMF
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500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
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520 3 |a 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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830 0 |a IMF Staff Country Reports; Country Report ;  |v No. 2014/119 
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