Luxembourg Budget Bill for 2022 Presented in Parliament

On 13 October 2021, Luxembourg's Ministry of Finance presented the Budget Bill for 2022 (Bill 7878) in parliament. While there are no major tax changes, there are a few measures of note, including:

• The introduction of lump-sum taxation with a rate of 10% on employment income received by temporary workers, subject to certain conditions including that payments do not exceed EUR 25 per hour;
• The extension of the 15% income tax credit for previously unemployed individuals to 31 December 2023;
• Am…