Portugal: Updated to EUR 512 the average construction value per square meter for 2022
Portugal -
Portugal Tax Alert
Ministerial Order no. 310/2020, of 20 December, was officially published, which sets in EUR 512,00 the average value of construction per square meter, for the purposes of article 39 of the Municipal Property Tax Code, to enter into force in 2022.
This new average value is applicable to all urban properties whose Model 1 forms are delivered since 1 January 2022.
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