Taxation for business
Since 1 January 2021, Luxembourg reporting financial institutions must submit a NIL return (ZeroReporting) when they have no reportable US accounts or CRS (Common Reporting Standard) accounts to report.
These financial institutions must submit NIL return (FATCA and/or NCD) to the Luxembourg Inland Revenue (Administration des contributions directes - ACD):
Therefore, for the fiscal year 2020, the returns must be filed by 30 June 2021 at the latest.
As a reminder:
Find out how to submit a NIL return for FATCA or NCD in our explanatory information page.
From 1 January 2021 au pairs receive EUR 440 as pocket money, which corresponds to one fifth of the social minimum wage.
Due to the bad weather of 14 and 15 July 2021, the Government has decided that the short-time working scheme in the event of force majeure may exceptionally be applied to companies in Luxembourg affected by the floods.
The new application form regarding leave for family reasons in relation with COVID-19 is now online. Find out more.