01836cas a2200241 a 4500 AALejournalIMF015282 230101c9999 xx r poo 0 0eng d 5.00 USD 9781513546056 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. European Dept. Luxembourg : Selected Issues. Washington, D.C. : International Monetary Fund, 2015. 1 online resource (28 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 considers features of the Luxembourg tax system that may be susceptible to changes in international tax transparency standards and surveys related policy options. Luxembourg's predictable and generally low-rate tax system has helped establish it as a leading financial and commercial entrepot and has supported its fiscal revenues. Its revenue base could, however, be susceptible to changes in the European Union and global tax environment. This paper highlights that to address potential challenges to Luxembourg's revenue base, the tax policy review should explore selective rate increases and base broadening measures. Moreover, the tax practices should seek to avoid encouraging unnecessary complexity in corporate ownership structures and intragroup financial contracts. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2015/145 Full text available on IMF http://elibrary.imf.org/view/journals/002/2015/145/002.2015.issue-145-en.xml IMF e-Library