Luxembourg - Taxes on income

Taxes on income, profits and capital gains (current LCU)

The value for Taxes on income, profits and capital gains (current LCU) in Luxembourg was 8,568,484,000 as of 2019. As the graph below shows, over the past 47 years this indicator reached a maximum value of 8,568,484,000 in 2019 and a minimum value of 191,051,500 in 1972.

Definition: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

Year Value
1972 191,051,500
1973 250,546,000
1974 347,844,200
1975 355,181,900
1976 406,818,000
1977 494,993,800
1978 571,890,400
1979 556,446,600
1980 586,392,100
1981 624,121,500
1982 691,102,300
1983 835,624,300
1984 882,872,800
1985 991,450,200
1986 1,001,515,000
1987 1,023,503,000
1988 1,072,065,000
1989 1,165,670,000
1990 1,262,299,000
1991 1,245,144,000
1992 1,241,971,000
1993 1,527,024,000
1994 1,775,339,000
1995 1,872,856,000
1996 1,997,414,000
1997 2,189,930,000
1998 2,248,179,000
1999 2,356,936,000
2000 2,646,068,000
2001 2,770,732,000
2002 2,918,708,000
2003 3,035,118,000
2004 2,937,551,000
2005 3,453,547,000
2006 3,745,378,000
2007 4,116,379,000
2008 4,462,816,000
2009 4,405,993,000
2010 4,863,227,000
2011 5,007,839,000
2012 5,338,178,000
2013 5,704,850,000
2014 5,921,167,000
2015 6,405,017,000
2016 6,724,795,000
2017 7,155,966,000
2018 8,391,732,000
2019 8,568,484,000

Taxes on income, profits and capital gains (% of revenue)

Taxes on income, profits and capital gains (% of revenue) in Luxembourg was 32.44 as of 2019. Its highest value over the past 47 years was 41.10 in 1978, while its lowest value was 26.30 in 2004.

Definition: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

See also:

Year Value
1972 34.08
1973 36.74
1974 40.86
1975 37.16
1976 36.67
1977 39.52
1978 41.10
1979 38.61
1980 35.66
1981 34.90
1982 35.05
1983 37.33
1984 36.76
1985 38.05
1986 36.79
1987 36.23
1988 35.77
1989 34.35
1990 34.09
1991 30.35
1992 27.12
1993 30.43
1994 32.79
1995 29.78
1996 30.51
1997 30.88
1998 29.85
1999 28.43
2000 28.34
2001 28.42
2002 28.72
2003 28.60
2004 26.30
2005 28.03
2006 28.21
2007 27.89
2008 28.79
2009 28.34
2010 29.38
2011 28.67
2012 28.82
2013 29.19
2014 28.78
2015 30.11
2016 30.35
2017 30.96
2018 33.05
2019 32.44

Taxes on income, profits and capital gains (% of total taxes)

Taxes on income, profits and capital gains (% of total taxes) in Luxembourg was 51.41 as of 2019. Its highest value over the past 47 years was 65.58 in 1978, while its lowest value was 43.34 in 2004.

Definition: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

See also:

Year Value
1972 55.25
1973 57.78
1974 64.08
1975 60.36
1976 61.06
1977 64.44
1978 65.58
1979 63.42
1980 60.16
1981 58.86
1982 57.81
1983 57.25
1984 55.78
1985 59.18
1986 55.99
1987 54.56
1988 53.00
1989 52.61
1990 52.13
1991 49.21
1992 45.26
1993 47.07
1994 48.31
1995 50.22
1996 50.43
1997 50.00
1998 48.43
1999 45.70
2000 45.19
2001 46.44
2002 47.09
2003 46.99
2004 43.34
2005 45.02
2006 45.80
2007 44.86
2008 47.36
2009 47.34
2010 48.17
2011 47.11
2012 46.97
2013 47.34
2014 46.21
2015 50.94
2016 50.37
2017 50.36
2018 52.17
2019 51.41

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance