====== TTP95-04 Recent Results on QCD Corrections to Semileptonic $b$-Decays ====== We summarize recent results on QCD corrections to various observables in semileptonic $b$ quark decays. For massless leptons in the final state we present effects of such corrections on triple differential distribution of leptons which are important in studies of polarized $b$ quark decays. Analogous formulas for distributions of neutrinos are applicable in decays of polarized $c$ quarks. In the case of decays with a $\tau$ lepton in the final state mass effect of $\tau$ has to be included. In this case we concentrate on corrections |**Andrzej Czarnecki and Marek Jezabek** | |** 138th WE-Heraeus Seminar: Heavy Quark Physics, eds. J. Körner, P. Kroll, World Scientific 1995, 67-74 ** | | {{preprints:1995:ttp95-04.pdf|PDF}} {{preprints:1995:ttp95-04.ps|PostScript}} [[http://arxiv.org/abs/hep-ph/9502357|arXiv]] | | |