Municipal surtax rates applicable to 2022 taxable income
Portugal Tax Alert
Municipal surtax rates were disclosed through Circular Letter no. 20250, of 31 January 2023, to be paid in 2023, due on the taxable income to be determined in regards to the 2022 fiscal period.
We remind that the municipal surtax assessment is made by the taxpayer through the submission of the Corporate Income Tax (IRC) return (so-called “Modelo 22”).