The Luxembourg parliament is currently considering Bill No. 7555, which would extend certain deadlines in the context of the COVID-19 crisis. One of the key measures of the Bill is the formal extension of the deadlines for both corporate and individual income tax returns for 2019 to 30 June 2020, which was announced already by the Ministry of Finance in March. The Bill also provides for the possibility of a further extension for filing return to 31 December 2020. Another key measure is a one-year extension of the limitation period for direct tax claims by the tax authority (i.e., statute...