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Luxembourg Tax Alert 2020-10

Luxembourg Tax Alert 2020-10

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VAT administrative tolerance revoked on 12 May 2020

The Luxembourg VAT authorities issued a statement on 12 May announcing the end of the administrative tolerance in regard to the late submission of VAT returns, put in place at the beginning of confinement. As a result, all pending VAT returns not yet submitted due to the Covid-19 crisis (in particular January and February monthly VAT returns) should be filed as soon as possible, in order to avoid any potential administrative fines. No specific provisions regarding a transitional period or progressive measures are foreseen.

Enforced collection of tax debts is suspended for the time being.

Our team of VAT experts are at your disposal in case you need assistance with the filing of your VAT returns or any other question you may have.

© 2020 KPMG Luxembourg, Société coopérative, a Luxembourg entity and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.

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