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Greece vs Luxembourg Tax Comparison
Side-by-side comparison of tax rates and systems
Tax Rate Comparison
Rate Comparison
Top Income Tax
Greece44%
Luxembourg42%Lower
Corporate Tax
Greece22%Lower
Luxembourg23.9%
Capital Gains
Greece15%Lower
Luxembourg21%
VAT / Sales Tax
Greece24%
Luxembourg17%Lower
| Category | Greece | Luxembourg |
|---|---|---|
| Tax System | Progressive | Progressive |
| Top Income Tax | 44% | 42% |
| Corporate Tax | 22% | 23.9% |
| Capital Gains | 15% | 21% |
| VAT / Sales Tax | 24% | 17% |
| Crypto Tax | Yes | Yes |
| Wealth Tax | No | No |
| Tax Treaties | 57 | 85 |
| Currency | EUR | EUR |
The bottom line: Greece vs Luxembourg
Greece and Luxembourg are evenly matched on the four headline taxes, each coming out lower on two of them — so the better choice depends on your specific income mix. Greece runs a progressive tax system, while Luxembourg uses a progressive one. Luxembourg has the wider tax-treaty network (85 agreements), which can reduce withholding tax on cross-border income.
- Income tax: Luxembourg is lower (44% vs 42%)
- Corporate tax: Greece is lower (22% vs 23.9%)
- Capital gains tax: Greece is lower (15% vs 21%)
- VAT / sales tax: Luxembourg is lower (24% vs 17%)