Taxation for business
Two fiscal measures designed to ensure the continuity of the Luxembourg economy are now available online:
They are intended for legal entities and natural persons who make a commercial profit, an agricultural and forestry profit or a profit from the exercise of a liberal profession and who are experiencing liquidity problems as a result of the Covid-19 pandemic.
Also, remember that:
The deadline for filing tax returns is extended to 30 June 2020. This decision applies to legal and natural persons, as well as to taxpayers wishing to request, modify or revoke the selection of their individual tax scheme.
An FAQ on the subject has also been set up on the website of the Luxembourg Inland Revenue.
Finally, please note that all applications concerning non-existent quarterly advances or tax debts as well as for the tax debts whose deadline is before 29 February 2020, are to be strictly avoided in order not to unnecessarily overburden the services.
In the context of the Covid-19 crisis, employers in key sectors of activity may increase the weekly duration of student/pupil contracts to 40 hours.
A new form is available to apply for leave for family reasons in connection with the coronavirus epidemic. The form must be completed and sent from 30 March onward to the employer and to the CNS even if a previous form has already been sent.
As a result of the Covid-19 crisis, special measures were taken with regard to hunting and game damage assessment.