Whether you are resident in Luxembourg or not, withholding tax affects you.
Luxembourg residents
Legislation imposing a withholding tax is now in force and impacts some types of investment income accruing to individuals. Solutions exist to limit the impact of this withholding tax on your wealth.
Non-residents
European taxation on savings affects interest income on some types of investment accruing to individuals resident in another member state of the European Union. You can, however, opt for tax-exempt solutions.