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    Aletti Palace Hotel ASCOT MANAGEMENT SARLSale Coordinator Company                                                          Responsible Manager: Wissam Mobayyed     The Hôtel The Aletti Palace is situated in the prime residential area of Vichy, across the opera, and very close to all the historic and important sites like the Opera, town hall, the river allier, sporting stadiums, […]

Luxembourg acquires €30 million supercomputer The computer will be located at a data center in Bissen and launched in 2021     Luxembourg has acquired a European ‘supercomputer’ for €30 million which will be launched in 2021, the economy ministry said on Tuesday, part of Europe’s efforts to avoid becoming dependent on technology outside the […]

   Luxembourg Real Estate 2020 Building blocks for success       Research enlightened by: Wissam Mobayyed     Table of Contents: Part one: Introduction Part two: Everything gets bigger in Luxembourg Part three: What does 2020 have in store? Office market Residential market Part four: Trends and drivers for real estate’s evolving landscape Mobility […]

Luxembourg income tax 2020 Guide for individuals     Table of content: Basic principles Employment income Director’s fee Dividend and interest income Capital gains Real estate income Deductible items Social security Taxation of cross border workers   1- Basic principles: Resident vs non-resident   Resident taxpayer An individual taxpayer qualifies as a Luxembourg resident when […]

Taxes on personal income – Luxembourg   Individual income tax is levied on the worldwide income of individuals residing in Luxembourg, as well as on Luxembourg-source income of non-residents. Enlightened by: Wissam Mobayyed     Personal income tax rate Luxembourg income tax liability is based on the individual’s personal situation (e.g. family status). For this purpose, […]