Luxembourg. According to
CountryAAH, Prime Minister and Finance Minister
Jean-Claude Juncker used his veto right in June to stop a
proposed change regarding VAT on Internet services. Germany,
at the time the EU Presidency, had proposed that VAT be paid
in the buyer's country. Luxembourg, which has the lowest VAT in the EU (15 percent), has become a low-tax country for companies
selling via the Internet and has attracted major players
such as AOL, Apple and eBay. Tax revenues were reported to
be around EUR 300 million Luxembourg.
Luxembourg, the capital of Luxembourg; 119,200 residents (2019). Luxembourg
is located at the mouth of the Pétrusse River in the Alzette River. The river
gorges up to 60 m deep, which are crossed by long viaducts, delimit the three
plateaus that make up the main parts of the city: the old town, Bourbon and
Kirchberg. In the old town there is Luxembourg's business center, the Chamber of
Deputies and most government buildings, the Bourbon railway station, most
banking and business offices and entertainment centers.
Business is dominated by the service industries (banks, administration and
trade), but there is also a varied industry (ceramics, perfume, chemical
products and plastic products). At least a hundred banks have offices in
Luxembourg, which is also the seat of several EU institutions, mainly the
European Court of Justice and Parliament, but also the European Investment Bank
(EIB) and the EU Statistical Office (EUROSTAT). In 1995, Luxembourg was the
European Capital of Culture.
The Place du Musée square, at the Roman crossroads in the center of the old
town, houses several older buildings with elements of flamboyant gothic and
Renaissance. The Grand Duke's palace was originally built as a town hall in
1563, but was rebuilt in the 19th century. Notre-Dame is a late Gothic hall
church with parts from the beginning of the 17th century and a card extension in
neo-Gothic from the 20th century.
From the late 1960s until today, the European institutions have erected many
new administrative buildings at Kirchberg. Here is also the national swimming
sports center erected in 1982 by the French architect Roger Taillibert.
Kirchberg is reached via the Grande-Duchesse Charlotte bridge, built in 1966,
which bridges the Alzette River gorge. The famous Adolphe Bridge, built in
1899-1903, spans the Petrus river gorge.
Luxembourg's history is closely linked to the Duchy of Luxembourg. In 963, a
castle was built around which the city grew, and Luxembourg gained city rights
in 1224. Gradually, the city became an important fortified town, from the 16th
century onwards Europe's strongest fortress after Gibraltar. The fortifications
were decommissioned after 1867 by an international agreement.