An exceptional extension has been applied by Luxembourg tax authorities to the deadline for Foreign Account Tax Compliance Act (FATCA) reporting concerning annual financial accounts as of 31 December 2014.
Luxembourg financial institutions now have until 31 July 2015 (instead of 30 June at the latest) to submit their report.
The additional time has been granted due to Article 2 (4) of the FATCA bill of law, to which the 30 June deadline relates, not yet being formally adopted by Luxembourg's parliament.
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