Publications - Tax
Teleworking in Portugal: limits regarding the tax exemption and exclusion of social security contributions of the compensation amount due to the employees
The Ordinance no. 292-A/2023 foresees the exemption limits for tax purposes and exclusion from social security contributions regarding the compensation due to the additional expenses that the employees who carry their activities under a…
Portugal: Temporary solidarity contributions on the energy and food distribution sectors
The forms for reporting the temporary solidarity contributions (CST) on the energy sector (Model 59) and the food distribution sector (Model 60) and the respective filling instructions, were approved by Ministerial Order no. 281/2023, of 13…
Portugal: Postponement of the deadline for the application of the contribution on plastic packaging to aluminum packaging
The application of the single-use plastic packaging contribution to aluminum or multi-material packaging with aluminum was extended from 1 September 2023 to 1 January 2024, according to the Ministerial Order no. 270/2023, of August 29.
Relief the Individual Income Tax burden of taxpayer in China: extending the preferential policy period or increasing the deduction standards
In August 2023, there are a number of individual income tax (IIT) preferential policies implemented by relevant Chinese government authorities with either extension of the preferential policy period or increased deduction standards. The aim is to…
Tax Newsletter - June 2023
We analyze the main news, judgments, resolutions and regulations in the latest issue of the Tax Newsletter.
The Mexican Government publishes the calls for public tenders for the concession of five Development Poles in the Interoceanic Corridor of the Tehuantepec Isthmus
Interested parties must send to the CIIT from June 26 to 30, 2023 a pre-registration form, a no conflict of interest form, and a document evidencing experience and capacity in the operation and maintenance of industrial plants in the productive…
How the EU's new Carbon Border Adjustment Mechanism will affect importers of goods
Under the new EU regulation, there will be certain imports which can only be made by persons or companies recognized as authorized declarants and who acquire sufficient certificates to cover the embedded emissions in the goods imported.
Tax Newsletter - May 2023
A comprehensive compilation of the main new developments in tax matters in Spain.
Spanish tax legislation found to infringe the free movement of capital
Article by Jorge Moreira Peláez, Partner ('ITR').
The Mexican Government will grant tax incentives for companies that decide to establish or relocate their facilities in the Interoceanic Corridor of the Tehuantepec Isthmus
Such incentives, which will be available once the Federal Government publishes the tender guidelines for the granting of concessions for the development of the Development Poles, will support companies investing in the region. Below the details of…
The challenges posed by the European Directive on minimum taxation for enterprises
Enterprises are facing one of the most important new tax developments in the last years due to the Directive which establishes a global minimum tax of 15% for large groups operating in the EU.
2023 does not want to be a fiscal outlier for Portugal
The competitiveness of the tax system, its simplification, the ongoing study of policy solutions, the stability of legal rulings and their interpretation in line with the objective underlying their creation, in particular in the case of tax…