Publications - Tax
Portugal: Municipal surtax rates applicable to 2021 taxable income were disclosed
Municipal surtax rates were disclosed through Circular Letter no. 20237/2022, of 27 January, to be assessed and paid in 2022, due on the taxable income to be determined in regards to the 2021 fiscal period.
Withdrawal of the Double Tax Treaty between Portugal and Sweden
Notice no. 2/2022, was officially published, which reports that the Kingdom of Sweden has communicated to the Portuguese Government the decision to withdraw the Double Tax Treaty signed between Portugal and Sweden to Avoid Double Taxation on Income…
Portugal: Communication of inventories can be made by 28 February 2022
The obligation to communicate the inventories to the Portuguese Tax Authority according to article 3-A of Decree-Law no. 198/2012, 24 August, by 31 January 20222 (by taxpayers with a fiscal year equal to the civil year) can be done until 28 February…
Portugal: Maintenance of special contributions for 2022 is confirmed
Following the withdrawal of the Proposal of State Budget Law for 2022, Law no. 99/2021, of December 31, was published determining that the following will remain in force in 2022 (effective on January 1, 2022):
Portugal: IES/DA with previous SAF-T filling postponed to 2023
The obligation to fill IES/DA statement through the prior submission of the SAF-T (PT) file in accordance with the provisions of Ordinance 31/2019, of 24 January, was postponed again for 2023 fiscal period and following, to be …
Withholding tax rates applicable in 2022 in Azores were approved
The withholding tax rates applicable to employment income (category A) and pensions (category H), obtained by the resident taxpayers of the Autonomous Region of Azores, during 2022, were approved by Order no. 12408-A/2021, of Secretary of State…
Portugal: Updated to EUR 512 the average construction value per square meter for 2022
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.
Portugal: the value of the IAS for 2022 will be EUR 443.20
The value of the social support index (IAS) was updated by Ministerial Order no. 294/2021, of 13 December. Accordingly, the value of the IAS for 2022 will be EUR 443.20.
Minimum monthly wage and new withholding tax rates approved to 2022
The Government approved, through Decree-Law 109-B/2021, the increase of the guaranteed minimum monthly wage (“RMMG”) from EUR 665 to EUR 705, to become effective from 1 January 2022 onwards.
Portugal: Amendments to the transfer pricing regime
On 26 November, the ministerial orders no. 267/2021 and no. 268/2021 have been published, reviewing the Advanced Pricing Agreements and the regulation of the transfer pricing regime and revoked, respectively, the ministerial…
Monetary devaluation indexes for 2021 remain unchanged
The monetary devaluation indexes were approved by Ordinance no. 220/2021, of 22 October, which updates the annual monetary devaluation indexes applicable to the goods and rights disposed during 2021, whose value should be updated in accordance…
REITs or SIGIs: an alternative for investment in real estate assets in Portugal
Garrigues Portugal offers a detailed analysis of the legal regime of Real Estate Investment and Management Companies (SIGI) in the latest edition of the EPRA Global REIT 2021 Study. The firm's experts explain the key factors to take into…