Publications - Tax
COVID-19: Portuguese Government postpones tax obligations and exempts employers from social security contributions
The Portuguese Government presented a set of measures in order to minimize the impact of new coronavirus (COVID-19) on the Portuguese economy at the extraordinary meeting of the Standing Committee on Social Concertation (CPCS).
The submission with errors of the Stamp Duty Monthly Declaration in the first half of 2020 will not be subject to penalties
The Secretary of State for Fiscal Affairs has established, through Order No. 14/2020-XXII, that no penalties will be applied to the submission with errors of the Stamp Tax Monthly Declaration ("DMIS") in the first half of 2020,…
The Agreement on Mutual Administrative Assistance and Cooperation in Tax Matters between Portugal and Angola entered into force on 20 February 2019
Is informed that the Agreement between the Portuguese Republic and the Republic of Angola on Mutual Administrative Assistance and Cooperation in Fiscal Matters, signed in Luanda on 18 September 2018, entered into force on past 20 February 2019,…
IMI - The average value of construction has been updated
The average value of construction per square meter, for the purposes of article 39 of the Municipal Property Tax (IMI) Code, to enter into force in 2020, maintains the amount effective in 2019 of EUR 492.00, as was officially published by…
The tax obligations which the deadline will end until 31 December can be fulfilled until 2 January 2020
Order no. 74/2019-XXII, was published in the Tax Authorities' website, determining that the taxpayers may comply with the tax obligations by 2 January 2020 regarding tax’s payments or ancillary obligations which the deadline ends on 31…
Inventories to be reported as regards 2019 must be made still using the file approved by Ministerial Order no. 2/2015
The file approved by Ministerial Order no. 126/2019, 2 of May, to be used to report annual inventories to the Portuguese Tax Authorities (“PTA”), only enters into force as regards 2020’s inventories, to be communicated by 31…
The deadline to submit the Stamp Tax monthly declaration of January and February of 2020 was extended to 20 April 2020
Following the publication of the Ministerial Order no. 339/2019, 1 October, which approved the new Stamp Tax monthly declaration (“DMIS”) and corresponding filing instructions such as provided in article 52- A of the Stamp Tax Code…
Simplex +: Portugal simplifies invoices
The Simplex + program aims to reduce bureaucracy and streamline the issuance and archive of invoices procedures.
Deadline to inform the tax authorities about the establishments where invoices are issued was extended to 30/06/2020
As mentioned before, SIMPLEX+ Program created a new obligation of communication that VAT taxpayers have to comply, electronically, in order to inform the Portuguese tax authorities (“PTA”) about their establishments where invoices are…
The PTA clarify the deadline regarding the monthly communication of invoice elements
An informative note was disclosed by the Portuguese Tax Authorities (“PTA”) regarding the monthly communication of invoice elements, which clarifies that this deadline is up to the 15th day of the following month regarding…
The use of certified invoicing software becomes mandatory for non-resident entities not established in Portugal just in 2021
As announced in Order no. 254/2019.XXI, of 27 June, issued by the State Secretary for Tax Affairs, the Portuguese Tax Authorities (“PTA”) disclosed Ofício-Circulado no. 30213/2019, of 1 October, which contains some…
Amendments to tax legislation have been approved
The amendments approved by Law no. 119/2019, of 18 September 2019, respects to different matters, in particular to Personal Income Tax (“PIT”), Corporate Income Tax (“CIT”) and VAT, as well as some tax procedures have…