New tax measures approved – December 2022
The Portuguese Government approved, on December 21st, 2022, (Decree-Law 85/2022 of December 21st) a new legislative pack of tax corporate compliance measures. This pack of tax measures introduces [...]
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 [...]
VAT Payments – Flexible Regime
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 [...]
VAT Guide Portugal
This article covers the basic rules of VAT taxation in Portugal. Foreign businesses importing or trading goods or services in Portugal may be required to comply with Portuguese VAT rules, [...]
