Portugal
01-17-2020
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, according to Notice no. 8/2020, officially published.
01-14-2020
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 Ministerial Order no. 3/2020, of 20 January.
01-09-2020
Undoubtedly, 2019 was a busy year in the area of privacy. In Portugal, the GDPR Enforcement Law was approved and the Portuguese Authority (CNPD) took the controversial decision of “disregarding” some of the respective rules. The EDPB and the TJUE were also active, issuing several decisions and opinions, some very interesting. At the end of the year, the Advocate General in case Schrems II gave us excellent news by confirming the validity of standard contractual clauses for transferring data outside the EU. Finally, both the CNPD and the other European supervisory authorities have issued the first fines under GDPR.
12-30-2019
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 December 2019.
12-23-2019
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 January 2021, as disclosed by Order no. 66/2019-XXII-SEAF of 13 December of the Secretary of State for Tax Affairs.
12-12-2019
Achieving carbon neutrality by 2050 is the central goal of European environmental policies in the coming years. With this in mind, the Portuguese government recently approved the Carbon Neutrality Roadmap 2050, establishing the main vectors of decarbonisation to be implemented, mainly in the electricity and mobility industries.
11-07-2019
The Simplex + program aims to reduce bureaucracy and streamline the issuance and archive of invoices procedures.
11-22-2019
It was published in the official gazette the Decree-Law no. 167/2019, of 21 November, ruling the increase of the minimum monthly wage to € 635,00, with effects from January 1, 2020, onwards.
11-15-2019
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, the Order no. 5/2019.XXI was disclosed by the Portuguese Tax Authorities ( "PTA "), which emends the deadline to submit the DMIS of January and February of 2020
11-05-2019
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 issued, according to Decree-Law no. 28/2019, of 15 February.