Internaxx and taxes

Income tax policy, rules, problems, strategy and software. Property and consumption taxes too.
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jakm
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Joined: 20 Aug 2017 14:40

Internaxx and taxes

Post by jakm »

Hi,

I've recently opened an account with Internaxx in Luxembourg. I can't seem to find a reliable source that tells me about the tax implications of investing here. Does Luxembourg levy capital gains or a dividend withholding tax on such accounts? do I need to file anything with the Luxembourg government for tax purposes? I'm a Canadian living in Europe, but outside Luxembourg.

Thanks!
OhGreatGuru
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Joined: 27 Mar 2010 16:01

Re: Internaxx and taxes

Post by OhGreatGuru »

Are you still a "deemed resident" of Canada for tax purposes?

Google is your friend. Here are some references I found very quickly:
https://www2.deloitte.com/content/dam/D ... 062014.pdf

http://taxsummaries.pwc.com/ID/Luxembou ... nal-income

http://europa.eu/youreurope/citizens/wo ... dex_en.htm

http://www.expat.com/en/guide/europe/lu ... bourg.html

If these and other sites do not answer your questions, you will likely need professional help. I will refrain from commenting on why you are asking this after opening an account there.
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