Luxembourg’s new carry tax regime reflects global ambitions

Luxembourg's Finance Minister Gilles Roth speaking at a conference earlier this year. Photo: IO.
Luxembourg's Finance Minister Gilles Roth speaking at a conference earlier this year. Photo: IO.
A new tax regime, set to take effect in 2026, has been designed to update how carried interest is treated for managers involved in alternative investment funds and private markets. The proposed law reflects Luxembourg’s ambitions as a global private market player.
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