Type of Intervention: Financial and Economic
Sectors Involved: Finance/Economy
Level of Jurisdiction: National
Lead People/Agency: Ministry of Finance
Overview: Taxpayers experiencing liquidity problems due to the COVID-19 epidemic can ask to cancel advance tax payments for the first two quarters of 2020. This measure covers local income tax and municipal business tax and can be claimed by legal persons and natural persons carrying out an activity for commercial profit. Those same categories of taxpayers will be given up to four months to pay certain taxes due after 29 February 2020 without incurring late payment interest charges.
Full details here: https://coronavirus.gouvernement.lu/en/communications-officielles.gouvernement%2Ben%2Bactualites%2Btoutes_actualites%2Bcommuniques%2B2020%2B03-mars%2B17-mesures-fiscales-covid19.html
Other links: 1
Type of Justification: No justification given