Current tax information in connection with the coronavirus - Canton Zug

The most important information at a glance

As per an announcement of the Tax Administration Zug of yesterday, the following special reliefs and arrangements apply in the area of taxes:

  • The deadline for filing the 2019 tax returns for individuals will generally be extended by two months from 30 April to 30 June 2020.
  • The deadline for applications for withholding tax rate corrections will generally be extended by three months from 31 March to 30 June 2020.
  • The payment deadlines for all tax invoices will be extended until 30 June 2020 for individuals as well as for companies. This applies to cantonal and communal taxes as well as to direct federal tax.
  • No interest on late payment will be charged for the period from 1 March to 31 December 2020. This applies to cantonal and communal taxes as well as to direct federal tax.
  • The Tax Administration will refrain from sending tax assessments and invoices until the end of April 2020.
  • Any further requests for extension of deadlines beyond the above-mentioned new filing and payment deadlines will be assessed individually by the tax administration and processed with goodwill.

MME will, of course, continue to be at your disposal in tax matters at any time during these times. Please do not hesitate to contact us if you would like to receive more detailed information on the updates listed above.

March 2020 | Authors: Dr. Samuel Bussmann, Daniela Arth

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