Archives

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 [...]

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 [...]

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 [...]

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 [...]

This article covers the essential components of acqui-hires in Portugal and provides some guidelines for both sides involved.   Hire or acquire in Portugal? The drivers behind M&A [...]

Portuguese tax returns filing deadlines Personal Income Tax Returns regarding income received in 2020 must be filed between April 1st and June 30th, 2021.   Who is required to file a [...]

The CJUE ruled against Portugal in process C‑388/19 regarding discriminatory taxation of capital gains on the sale of real estate property. In 2017, a French resident realized a capital gain on [...]

The Portuguese Government enacted Dispatch 52/2021-XXII, of February 25th, 2021, allowing VAT payment in installments. Businesses (taxable persons) collecting VAT are entitled to request VAT [...]

After requesting the Portuguese Government to review the list, the Principality of Andorra is no longer a blacklisted jurisdiction for Portuguese tax purposes. The list contains the countries, [...]

Portugal has negotiated an increasingly large number of tax treaties with other countries to reduce the double taxation burden. A Tax Treaty overrides the Corporate and Personal Income Tax rules [...]