On 17 March 2020, the Luxembourg tax administration released a 'newsletter' which details support measures for Luxembourg taxpayers who may be impacted by the COVID-19 pandemic.  This emergency relief includes cancellations and delays for certain Luxembourg tax filing and payment obligations.  

Requests for Delays and Cancellations of Certain Taxes Due

Luxembourg businesses experiencing liquidity problems because of the COVID-19 pandemic can request the following:

(a) cancellation of their quarterly advance tax payments for corporate income tax and municipal business tax (net worth tax is excluded); and

(b) a delay on payments for corporate income tax, municipal business tax, and net worth tax.

The delay requests can only apply to advances due after 29 February 2020. 

Please note that payroll withholding tax is not covered and remains due and payable as normal.  

Delay of 2020 Luxembourg Tax Returns and Elections 

The deadline for filing tax returns for both companies and individuals has been extended until 30 June 2020.  The deadline extension also applies to any decision on modifying or revoking the choice to be taxed individually.  

The emergency measures, including forms and procedures, can be found here.

For further information, please liaise with your Maples Group contact or any of the contacts below. 

Print Ready Version

CONTACTS

bioImage

James O'Neal

Principal

+352 28 55 12 43

bioImage

Johan Terblanche

Managing Partner

+352 28 55 12 44

*
*
*
*


Please note that your email may be received and read by other Maples Group employees in addition to your intended recipient.

The use of this form does not create an attorney-client relationship and information submitted will not necessarily be treated as privileged or confidential, nor will it prevent us from accepting related instructions on behalf of others. Do not send us any information regarding any current or potential legal matters until your proposed engagement of us as legal counsel has been agreed and confirmed by us in writing.

*
*
*

Please note that your email may be received and read by other Maples Group employees in addition to your intended recipient.

Connect

Want to get in touch ?

Contact Us