The Luxembourg RFT sector - 2013

Luxembourg, this small country at the crossroads of France, Belgium and Germany, is a particular case in the
landscape of the European RFT. Supported by a favourable tax treatment in several areas, Luxembourg has
often been identified by the neighbouring countries as a convenience flag. Are such accusations well‐
founded? Are they evolving? How did the entry of the new European Union members have an impact on the
Luxembourg flag?  
To answer these questions and develop for the first time both the economic and administrative aspects of
Luxembourg's RFT, CNR carried out a field study between June and December 2013.