Publications - Tax
PIT/CIT - Double Taxation Agreement between the Portuguese Republic and the Democratic Republic of São Tomé and Príncipe
Notice no. 109/2017, of 8 September, was officially published, making public that notes have been received, by the São Tomé and Príncipe Ministry of Foreign Affairs and Communities and by the Portuguese Ministry of Foreign Affairs,…
VAT – Amendment of Order no. 7/2017
Declaration of Rectification no. 573-A/2017, of 5 September, was officially published, amending Order no. 7/2017, which amends Order no. 18º-A/2010, of 1 July, altered by Order no. 11/2013. Of 27 December, altered and republished by Order no.…
Surcharge over the IMI – Option of joint taxation
Ruling no. 40 115, of 31 August, was disclosed, clarifying, for the purposes of the assessment of the additional to the municipal property tax (“AIMI”), when the ownership of the property is not correctly endorsed in the register when…
PIT – Joint tax return regarding dependents expenses and income
Law no. 106/2017, of 4 September, was officially published, amending the PIT Code to ensure the right to a joint tax return for expenses and income of dependents where parental responsibilities are shared by more than one taxable person.
Tax China Newsletter - July / August 2017
The new tax related regulations issued by Chinese government for you as part of our retainer services.
Amendments to the Code of Tax Procedure and Proceedings
Law no. 100/2017, of 28 August was officially published.
Automatic exchange of information - Tax rulings and advance pricing agreements
Law no. 98/2017, of 24 August was officially published, entering into force on 25 August, which:
GTL/RTIR – Cash payments ban
Law no. 92/2017, of 22 August was officially published, which adds Article 63 (E) to the General Tax Law (“GTL”) and amends Article 129 of the General Tax Infringements Regime ("RTIR"), banning payment or cash receipt in…
Amendments to tax codes
Law no. 85/2017, of 18 August was officially published, which:
CRS – List of participating jurisdictions
Foi publicada em Diário da República a Portaria n.º 255/2017, de 14 de agosto, que procede à alteração da Portaria n.º 302-D/2016, de 2 de dezembro relativa às jurisdições participantes no Common Reporting Standard (CRS) a…
"LGT" - Offshore transfers
Ordinance no. 256/2017, of 14 August was officially published, regulating the annual publication by the Portuguese Tax Authorities in its website (“Portal das Finanças”) of the transfers and funds remittances to recipients located…
Most likely as of 1 January 2018 changes will come into force putting an end to taxpayers’ freedom to proceed with VAT specified on an issued invoice as they will
This is due to plans to introduce a VAT split payment model. The introduction of the new legislation will also lead to other changes with regard to VAT, so it would be advisable to begin preparing for the enactment of the new legislation now.