“These tax reforms could significantly boost Luxembourg’s ETF AuM in the coming years, making it a more compelling alternative to Ireland and helping narrow the ETF gap between the two leading European financial centres.”
As of Q2 2024, Ireland’s ETF assets under management (AuM) stood at €1,343.1bn euros, compared to Luxembourg’s €283.3bn euros.
Source link : https://funds-europe.com/luxembourg-cuts-taxes-e500m-to-boost-financial-sector/
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Publish date : 2024-07-18 07:00:00
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