Law no. 39/2018, of August 8th, was officially published, which establishes a minimum advance period of 120 days for the Portuguese Tax Authorities (“PTA”) provide the digital forms necessary to comply with the obligations regarding tax returns (“Modelo 3” and “Modelo 22”) and the annual statement of accounting and tax information (IES).
It was published in the Official Gazette Law no. 29/2018, of July 16, transforming into national law Directive (UE) 2015/1794 of th European Parliament and of the Council, of October 6, 2015, and introducing amendments to seafarers’ legal framework in Portugal.
Ministerial Order no. 195/2018, of July 5th, was officially published, which defines the concept of “companies of the technology sector”, for the purposes of the article 43.º-C of the Tax Incentives Statute ("EBF").
Decree-Law no. 45/2018, of June 19th, was officially published, which creates the Tourism and Cinema Endorsement Fund and repeals the tax benefit for film production set in article 59.º-F of the Statute of Tax Benefits and 92.º/2/h) of the CIT.
Ministerial Order no. 166/2018, of June 8th, was officially published, which changes the filling instructions of box 40 regularizations annex of the VAT periodic statement.
Ministerial Order no. 156/2018, of May 29th, was officially published, which amends Ministerial Order no. 98-A/2015, of March 31st, and approves the discharge receipt form (designated rental electronic receipt) and its respective filling instructions, to which article 115.º/5/a) of the PIT Code refers to.
We remind that it should be delivered, electronically, to the Portuguese Tax Authorities, until 31 May 2018, the declaration Form 54 relative to fiscal year 2017 (for taxable persons with a taxable period equal to the civil year), in order to identify the entity within the group obliged to submit the Country-by-Country Report (BEPS Action 13).
Order no.º 132/2018 XXI, of 9 April, was disclosed in the Portuguese Tax Authorities' website, extending the deadline for delivery of the periodical income form "Modelo 22", regarding fiscal year 2017, from 31 May to 30 June 2018, without penalties.
Following the approval, by Ordinance no. 385-H/2017, of 29 December, of the new model forms of the Model 3 Declaration and respective filling instructions, to be used from 2018 and to declare the income received as from 2015, the Tax Authority presented some additional clarifications through Circular-Letter no. 20.199/2018, of 7 March.
An information note was published by the Tax and Customs Authority, which clarifies the conditions applicable to the reduction of the “PEC” related to the taxation period of 2018, provided for in Law no. 10-A/2017, of March 29.