On 8 April 2020, Luxembourg Parliament released the draft law n°7555 addressing the extension of deadlines in fiscal, financial and budgetary matters in the context of the state of COVID-19 crisis. The draft law follows the newsletter released by the Luxembourg tax authorities on 18 March 2020 which deals with the cancellation of tax advances and the extension of deadlines for the filing of tax returns (for more details, please click here), but has a broader scope.
The purpose of the draft law is to introduce, for a limited period of time, a certain number of deadline extensions for certain legislative provisions in fiscal, financial and budgetary matters. However, the draft law does not cover the deadlines applicable in respect of indirect taxes such as VAT (filing of tax returns and recapitulative statements which are not covered by informal announcements by the Administration de l'Enregistrement, des Domaines et de la TVA, and deadlines for appealing against amending assessment or automatic taxation).