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  • New Financial Shield 2.0 of the Polish Development Fund

    The president has just signed a new Financial Shield to help entrepreneurs most affected by the second wave of the SARS-CoV-2 pandemic. The call for electronic applications is planned for the second half of January 2021. The amount of aid planned…

  • Tax Newsletter - November 2020 | Legislation

  • Tax Newsletter - November 2020 | Requests for resolutions

  • Tax Newsletter - November 2020 | Decisions

  • Tax Newsletter - November 2020 | Judgments

  • Surcharges cannot be imposed if the supplementary returns were filed directly or indirectly as a result of previous administrative tax assessments

    Central Economic-Administrative Tribunal (TEAC) changes tack over surcharges on voluntary late filings of returns. This is a topical issue considering that the bill on measures to prevent and fight against tax fraud provides that surcharges will…

  • Tax Newsletter - November 2020

  • Maintained the average construction value per square meter for 2021

    Ministerial Order no. 289/2020, of 17 December, was officially published, which sets in EUR 492,00 the average value of construction per square meter, for the purposes of article 39 of the…

  • What changed in 2020 in VAT on intra-Community transactions

    Since 1 January 2020 new rules on EU trade have become effective, some of them immediately implemented since that date, others transposed later by Law no. 49/2020, of 24 August, but…

  • Mexico: Legislative initiative to ban labor outsourcing is postponed

    Given the relevance of the amendment and the great impact it may have from a fiscal, labor and social security point of view, the Mexican President has requested to the Congress that the analysis and discussion of the law initiative be postponed…

  • Approved the withholding tables applicable in 2021

    The withholding tax rates applicable to employment income (category A) and pensions (category H), obtained by the resident taxpayers in mainland Portugal, during 2021, were approved by 

  • Extraordinary VAT exemption applicable in Portugal on the purchase of goods to combat COVID-19 extended until 30 April 2021

    The Portuguese Government, through SEAF Order no. 450/2020.XXI, has again extended the VAT exemption…