Luxembourg: Domestic Corporate Taxation
The Fortune Tax (Net Worth Tax) is levied on resident and non-resident corporate entities (so excluding fiscally-transparent partnerships). For businesses, the two main components of Net Worth are Real Estate Unitary Value (in effect, the value of buildings in 1941 when the Germans imposed the tax!) and Business Net Worth which is an adjusted version of net worth as calculated for the Corporate Income Tax.
The rate of tax is 0.5%. However, for most companies the amount of Fortune Tax payable is offsettable against Corporate Income Tax, subject to some balance sheet reserve requirements.