COVID-19 Luxembourg Update: Tax Administration Emergency Support Measures
18 Mar 2020
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.
T: +352 28 55 12 43
Managing Partner Luxembourg
T: +352 28 55 12 44