Luxembourg's government has introduced a bill on employment retention to the deputies' chamber. This bill contains, in particular, measures aiming at limiting the fiscal exemption that was until then given to redundancy payments given as part of a reorganization and at destroying it when it is the matter of a compensation paid as part of an individual transaction. (Ref. 061115)
As part of a far-flung reform on the employment market that started in 2005, Luxembourg’s government introduced a bill containing a series of measures “intending to restore the balance on the employment market” as well as public finances. Beyond measures aiming at guaranteeing better anticipation of economic reorganizations and better control of their consequences, the project is also coming back on the redundancy payments’ fiscal fate.
The bill is equalizing the exempted amounts of the followi
…Do you have information to share with us?