What is the depreciation rate for commercial buildings?
In Luxembourg, the depreciation rate for buildings not intended for residential use (e.g. commercial premises) varies according to the age of the building at 1 January of the tax year.
The rates in brackets are for higher depreciation which may be applied if greater depreciation is duly justified. Unlike normal depreciation rates, this higher depreciation must be justified and documented in order to be accepted by the tax authorities.
At taxx.lu, we automatically determine the applicable depreciation rate and depreciation base based on the information entered. This data is then integrated directly into the tax forms, in particular form 190/210, to simplify your tax return.
The applicable rates are as follows:
The rates in brackets are for higher depreciation which may be applied if greater depreciation is duly justified. Unlike normal depreciation rates, this higher depreciation must be justified and documented in order to be accepted by the tax authorities.
At taxx.lu, we automatically determine the applicable depreciation rate and depreciation base based on the information entered. This data is then integrated directly into the tax forms, in particular form 190/210, to simplify your tax return.
Updated on: 25/03/2025
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