Investas calls for the retention of the Rau law

The Luxembourgish savings and investment associa-tion Investas (previously Dedid) has called on the gov-ernment not to abolish the Rau law that gives tax breaks to investors in Luxembourg based companies. There is a fear that the law will disappear with the planned reform of the tax system, but Investas fear that this would lead to the draining away of funds from the bourse and investment funds.

Business Luxembourg, Sept 2001
18.09