01687cas a2200241 a 4500 AALejournalIMF014381 230101c9999 xx r poo 0 0eng d 5.00 USD 9781484378649 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. European Dept. Luxembourg : Selected Issues. Washington, D.C. : International Monetary Fund, 2014. 1 online resource (60 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students 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. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2014/119 Full text available on IMF http://elibrary.imf.org/view/journals/002/2014/119/002.2014.issue-119-en.xml IMF e-Library