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Publications - Tax

  • Budget Proposals 19 - Poll Mode

    Law no. 71/2018, of 31 December, was officially published, which approves the Budget Law for the year 2019 and enters into force on 1 January 2019.

  • New tax and cadaster legislation

    Royal Decree-Law 27/2018, of December 28, 2018, adopting certain measures related to tax and the cadaster was published in the Official State Gazette on December 29, 2018, and came into force the day after. The key new items of legislation are…

  • Approved new forms Modelo 37, 13 and 25

    As a result of some amendments made to tax legislation during 2018, it is necessary to update certain tax forms used to comply with reporting obligations concerning the application of tax benefits related to the Personal Income Tax (PIT) and…

  • Updating on the monetary devaluation indexes

    Ministerial Order no. 317/2018, of 11 December, 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…

  • New IRS Model 39 Declaration for the reporting of income and withholding taxes at a flat

    Ministeral Order no. 319/2018, of 12 December, was officially published, which approves the new Model 39 form and respective filling instructions, in order to communicate to the tax authorities the income and the relevant withholding taxes…

  • Double Tax Treaty between Portugal and Montenegro

    Notice no. 144/2018, was officially published, which reports the fulfilment of the internal constitutional formalities for the entry into force of the Convention between the Portuguese Republic and Montenegro to Avoid Double Taxation and Prevent Tax…

  • EU publishes amendments to VAT legislation affecting intra-Community trade

    Call-off stock or consignment stock is specifically regulated, changes are introduced into chain sales, and requirements are laid down for applying the exemption to intra-Community supplies of goods.

  • Latest amendments to the VAT Directive: changes to the reverse charge mechanism and to the applicable VAT rates on electronic books

    The Official Journal of the European Union published two VAT amendments this week: one extending the time period for the reverse charge mechanism in certain transactions, the other concerning the ability to charge reduced rates on electronic books,…

  • Lenders will pay stamp tax on mortgages and will not be able to deduct it for corporate income tax purposes

    From November 10, 2018, the party liable for stamp tax on the creation of mortgage loans will be the lender. This is the rule laid down by Royal Decree-Law 17/2018, of November 8, 2018, published in the Official State Gazette of November 9. …

  • An admirable new world in international tax accounting: tax accounting 4.0?

    Article by Fernando Castro Silva and Tiago Cassiano Neves, partners at Tax Practice ('Jornal Economico').

  • This is what the Colombian government’s tax reform bill looks like

    We are offering a summary of the main tax amendments proposed by the Government. As it is a bill, it may undergo substantial changes when discussed in Congress.

  • Major news concerning arrival or departure of yachts from EU customs territory