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Switzerland: Extended tax return filing, payment deadlines in Canton of Zug (COVID-19)

Switzerland: Extended tax return filing, deadlines

The government of the Canton of Zug has provided tax relief for individuals and legal entities in response to the coronavirus (COVID-19) pandemic.

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Among the tax relief measures granted by the Canton of Zug are the following items:

  • The deadline for filing the 2019 tax return for individuals is extended to 30 June 2020, and for legal entities is extended to 30 September 2020. Further postponements may be possible and will be processed with goodwill.
  • No tax bills and tax assessments will be sent out until 30 April 2020.
  • The payment deadlines for tax bills (cantonal and communal taxes as well as federal tax) that have already been sent out will be extended until 30 June 2020. No interest on arrears will be charged for the period from 1 March to 31 December 2020. Requests to extend the deadline beyond 30 June 2020 will be assessed separately.
  • The deadline for applications for tariff corrections for source taxes is extended to 30 June 2020.
  • A proposed reduction of the cantonal tax rate from currently 82% to 78% for the tax periods 2021-2023 is currently being discussed in the political process.

There are no extensions of the deadlines for objections to tax assessments and tax invoices.

Read a March 2020 report prepared by the KPMG member firm in Switzerland

The KPMG logo and name are trademarks of KPMG International. KPMG International is a Swiss cooperative that serves as a coordinating entity for a network of independent member firms. KPMG International provides no audit or other client services. Such services are provided solely by member firms in their respective geographic areas. KPMG International and its member firms are legally distinct and separate entities. They are not and nothing contained herein shall be construed to place these entities in the relationship of parents, subsidiaries, agents, partners, or joint venturers. No member firm has any authority (actual, apparent, implied or otherwise) to obligate or bind KPMG International or any member firm in any manner whatsoever. The information contained in herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 4366, 1801 K Street NW, Washington, DC 20006.

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