News feed

Sales tax and VAT updates for modern finance teams

Anrok’s team of tax experts shares the latest rate changes, taxability updates, and other news you need to know.

No items found.

Luxembourg increasing standard, intermediate, and reduced VAT rates

November 27, 2023

Luxembourg’s standard VAT rate will return to 17% (up from 16%), the intermediate rate will return to 14% (up from 13%), and the reduced rate back to 8% (up from 7%) on January 1, 2024.

The bottom line: Luxembourg’s 1% VAT cut for 2023 was temporary and implemented in an attempt to combat inflation.

Dashboard showing jurisdictions overview with activity by country and exposed sales on a world map.

Automated compliance for every type of sale

Anrok applies the correct tax treatment to every customer type and validates VAT IDs in real time.
Three coworkers, two men and a woman, looking at a computer screen in an office setting.

Filing and remittance across borders

Anrok files and remits tax in every jurisdiction where you owe it, including e-invoicing, backed by dedicated tax experts.
List showing Texas Approaching, Colorado Remitting, Chicago Exposed with labels Jake and Ruby.

One source of truth for your tax exposure

Anrok tracks your tax exposure across countries and alerts you before you cross registration thresholds.

Let Anrok manage tax.
Book a 30-minute demo with an expert.