Lisbon
“EBF” – Tax benefits in force during 2017
Circular n.º 5/2017, of 4 May was published on the Portuguese Tax Authorities’ website, which discloses the understanding sanctioned by the Order of the Secretary of State for Fiscal Affairs no. 103/2017-XXI of March 31, 2017,…
“LGT” - Offshores transfers
Law n.º 14/2017 of 3 May, was officially published, which amends the General Tax Law obliging the Tax and Customs Authority to annually publish on its website the total annual value of transfers and remittances, as well as the reason for the…
Application period opening to "Contrato-Emprego" measure
It has been announced by the Instituto do Emprego e da Formação Profissional, I. P. (Portuguese Employment and Professional Training Institute) the opening of the application period for the "Contrato-Emprego" measure regulated by…
Portugal: Increase of the minimum wage in the Autonomous Region of Madeira
It has been published today the Regional Legislative Decree no. 11/2017/M which approves the increase of the minimum monthly wage of the Autonomous Region of Madeira.
Portugal: Professional Trainings’ support measure
It has been published in the Portuguese Official Gazette the Ordinance no. 131/2017, of April 7th, which regulates the creation of the “Estágios Profissionais” (professional traineeships) measure consisting on the support to the…
Portugal: CIT - Special Payment on Account
Law no, 10-A/2017, of 29 March, was officially published which reduces the amount of the special payment on account foreseen in article 106.º of the Corporate Income Tax Code for the fiscal years of 2017 and 2018.
Portugal: CIT - Declaration form "Modelo 22"
Order n.º 2608/2017, of 29 de março of the Secretary of State for Fiscal Affairs was officially published, which approves the amendments to the periodical income form "Modelo" 22, respective appendixes and filling instructions.
"Contrato-Emprego" Program
It has been published in the Portuguese Official Gazette the Ordinance no. 34/2017, of January 18th, which regulates the creation of the "Contrato-Emprego" measure consisting on the granting of a financial support, under certain…
Budget Law - Portugal 2016 - Garrigues Summary - Shifting Sands
The Budget Law for 2016 (Law n.º 7-A/2016) was published on 30 of March 2016. The Budget Law provides for several tax measures impacting on areas that range from corporate tax, indirect taxes, real estate taxes and personal income tax.…
Portugal: Budget Bill for 2016 - Garrigues Summary - Shifting Sands
The Budget Bill for 2016 was presented to the Parliament on 5 February 2016. The Budget Bill provides for several tax measures impacting on areas that range from corporate tax, indirect taxes, real estate taxes and personal income tax.…
Tourist Real Estate: greater stringency
Tourism is, without a shadow of the doubt, one of the activities with the greatest export potential for the Portuguese economy. Recent years have confirmed the resilience of the tourism sector and its importance in helping to overcome the difficult…
FOREIGN INVESTMENT: a turning point... in two gears
Foreign investment is an essential factor for the development of the real estate market of any country. Portugal is no exception. The time we’re going through now is a turning point (in the positive sense), albeit with a market reacting in two gears…