##  [Updating on the monetary devaluation indexes](/pt/en_GB/new/updating-monetary-devaluation-indexes) 

# Updating on the monetary devaluation indexes





Portugal - 12 / 14 / 2018





Tax Alert 27-2018













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**[Ministerial Order no. 317/2018, of 11 December](https://dre.pt/application/file/a/117350291), was officially published, which updates the annual monetary devaluation indexes applicable to the goods and rights disposed during 2018, whose value should be updated in accordance to articles 47 of the CIT Code and 50 of the PIT Code, for the purpose of determining the tax base of the referred taxes, in particular regarding capital gains.**





The monetary devaluation indexes update takes into consideration the positive variation of 1,38% of the data published by National Statistics Institute (INE) regarding the Consumer Price Index, with the exception of housing.









[Tax](/pt/en_GB/tags/tax), [Lisbon](/pt/en_GB/tags/lisbon), [Oporto](/pt/en_GB/tags/oporto)





---

 This publication is provided for information purposes only and does not constitute legal advice or advice of any other kind. It does not seek to offer a comprehensive summary of the legislation and developments to which it refers nor to cover all published material, but rather to provide an overview of selected topics. It is therefore recommended that the official texts be consulted and specific professional advice be sought. Garrigues does not accept any liability for the use made of this information and assumes no obligation to update it after publication.



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