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English to German translations [PRO] Bus/Financial - Law: Taxation & Customs
English term or phrase:exemption on income
After the implementation of the Law of 21 December 2007 on new intellectual property tax regime (updated by the Law of 19 December 2008 and subsequent tax authority administrative guidelines) Luxembourg Intellectual Property (IP) tax regime (link 1) applies.
The stated new law introduced an 80% exemption on income derived from intellectual property as well as on capital gains resulting from sale or disposal of intellectual property.