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Archives

Monthly Archive for: "June, 2021"
Home » Archives for June 2021
 VAT reduction in the Azores
By GFDL
In Uncategorized
Posted June 25, 2021

VAT reduction in the Azores

The Parliament of the Autonomous Region of Azores approved a 30% VAT reduction from July 1st, 2021 onwards. The standard rate will be decreased from 18% to 16%. Other rates of 4% and 9% rates [...]

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 Standard contractual clauses’ font size in Portugal
By GFDL
In Uncategorized
Posted June 24, 2021

Standard contractual clauses’ font size in Portugal

Standard contractual clauses minimum font size is set to 11 or 2,5 mm. Minimum spacing between lines is set at 1,15. Breach of this rule will lead to contracts being null and void. Law no. [...]

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 Bank of Portugal issues crypto licenses
By GFDL
In Uncategorized
Posted June 22, 2021

Bank of Portugal issues crypto licenses

The Bank of Portugal has approved two companies of Portugal to run crypto-related operations in Portugal. They are now allowed to operate in Portugal and onboard Portuguese clients. The Bank of [...]

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 Tax compliance 2021 – Extension of deadlines
By GFDL
In Uncategorized
Posted June 18, 2021

Tax compliance 2021 – Extension of deadlines

The Portuguese Government extended tax filing deadlines as follows: Corporate Income Tax return (Modelo 22) from June 30 to July 16. IES/DA from July 15 to July 22. Tax file and transfer pricing [...]

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 Portuguese Parliament discusses recreational use of cannabis
By GFDL
In Uncategorized
Posted June 13, 2021

Portuguese Parliament discusses recreational use of cannabis

The Portuguese Parliament is discussing two bills regarding the legalization of non-medical personal use of cannabis. The bills in question were presented separately by Bloco de Esquerda and by [...]

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 New rules governing permanent establishments – 2021
By GFDL
In Uncategorized
Posted June 13, 2021

New rules governing permanent establishments – 2021

PE rules determine if a given State has the right to tax nonresident enterprises’ profits. Until January 2021, the Portuguese Corporate Income Tax Code provided a restrictive concept of [...]

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 Compensation subsidy for minimum wage increase – 2021
By GFDL
In Uncategorized
Posted June 12, 2021

Compensation subsidy for minimum wage increase – 2021

The Portuguese Government increased the Portuguese minimum wage to EUR 665 in January 2022. For this reason, a lump sum cash subsidy is available for employers with employees impacted by the [...]

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 Recrutamento – Advogado/a-Estagiário/a Junho 2021
By GFDL
In Uncategorized
Posted June 10, 2021

Recrutamento – Advogado/a-Estagiário/a Junho 2021

Advogado/a-Estagiário/a   Segunda fase de estágio Licenciatura em Direito por Universidade Portuguesa Mestrado/LL.M. ou Pós-Graduação será valorizado Experiência em duas das seguintes áreas: [...]

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 Sweden terminates Tax Treaty with Portugal
By GFDL
In Uncategorized
Posted June 5, 2021

Sweden terminates Tax Treaty with Portugal

The Swedish Parliament voted for the Tax Treaty with Portugal to be terminated. It will no longer be in force from January 2022 onwards. The reasons behind this decision relate to the special [...]

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