Under Action 14, jurisdictions have committed to implement a minimum standard to strengthen the effectiveness and efficiency of the mutual agreement procedure (MAP). The MAP is included in Article 25 of the OECD Model Tax Convention and commits countries to endeavour to resolve disputes related to the interpretation and application of tax treaties. The Action 14 Minimum Standard has been translated into specific terms of reference and a methodology for the peer review and monitoring process. The minimum standard is complemented by a set of best practices.
The peer review process is conducted in two stages. Stage 1 assesses jurdisdictions against the terms of reference of the minimum standard according to an agreed schedule of review. Stage 2 focuses on monitoring the follow-up of any recommendations resulting from jurisdictions' stage 1 peer review report. This report reflects the outcome of the stage 1 peer review of the implementation of the Action 14 Minimum Standard by Luxembourg, which is accompanied by a document addressing the implementation of best practices which can be accessed on the OECD website.
English, PDF, 921kb
This note presents selected findings based on the set of well-being indicators published in How's Life? 2017.
This review assesses the performance of Luxembourg, including looking at its efforts towards climate finance, the impact of its concentration on the quality of its portfolio and its vision for partnerships.
Government at a Glance provides a dashboard of key indicators to help you analyse international comparisons of public sector performance.
Strong economic performance, comfortable fiscal situation and well-run institutions make life good for most residents of Luxembourg.
Luxembourg is an advanced economy with the highest per capita income in the OECD, reflecting the dynamic services sector, notably in banking and other financial services.
English, PDF, 268kb
Albeit with a considerable lag, unemployment has been following the same declining path in Luxembourg as in the rest of the OECD since mid-2015. Nevertheless, at 5.9% in April, it is still 1.7 percentage points higher than its pre-crisis level in 2007, and is projected to decline by very little through to the end of 2018
The tax burden on labour income is expressed by the tax wedge, which is a measure of the net tax burden on labour income borne by the employee and the employer.
English, PDF, 418kb
Luxembourg had the 17th highest tax wedge among the 35 OECD member countries in 2016. The country occupied the same position in 2015. The average single worker in Luxembourg faced a tax wedge of 38.4% in 2016 compared with the OECD average of 36.0%.