I've been offered a contract in Luxembourg. The agency have put me in touch with a management company, who have produced a "financial profile" showing taking home 79% of gross. Yet, when I read the FAQ on this site, the taxation in Luxembourg can be up to 38.95%.
Is 21% tax realistic and legal? The profile showed taking a small (2,100 Euro) salary and paying tax, social security on that, but the remainder is an "allowance" paid into a (specifically) separate account.
It sounds too good to be true, which makes me suspect that it is!
Is 21% tax realistic and legal? The profile showed taking a small (2,100 Euro) salary and paying tax, social security on that, but the remainder is an "allowance" paid into a (specifically) separate account.
It sounds too good to be true, which makes me suspect that it is!
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