Portugal
Portugal: Deadline for filing the Modelo 22 CIT return extended to 19 June
The deadline for submitting the Corporate Income Tax return (Model 22) has been extended to 19 June 2026. This extension applies to entities whose tax year matches the calendar year and allows both filing and payment to be made without penalties.Portugal: CJEU clarifies the VAT regime for intra-group transfer pricing adjustments
The CJEU clarifies that intra-group transfer pricing adjustments are not subject to VAT when they constitute mere financial corrections without an identifiable service, bringing legal certainty and reducing fiscal risks for multinational groups.Portugal: Exceptional extension of tax deadlines in municipalities affected by Storm Kristin
Following the state of calamity caused by storm Kristin, the Portuguese government decided to allow taxpayers and certified accountants with a registered office or domicile in the affected areas to fulfil their tax obligations without the imposition of interest or penalties until the end of April.Portugal: Minimum monthly wage is increased to 980.00 euros in the Autonomous Region of Madeira in 2026
From 1 January 2026, the minimum wage in Madeira increases to €980, overriding any lower amount set in employment contracts or collective bargaining agreements. Employers shall update any salaries below this threshold and adjust part‑time workers’ pay proportionally.The meal allowance for public administration employees is being updated in Portugal
For the first time in three years, the government is updating the meal allowance paid to public administration employees. This change will also affect the private sector, impacting on the tax exemption thresholds applicable to this kind of payment. These changes are effective on January 1, 2026.