Publications - Tax
New Financial Shield 2.0 of the Polish Development Fund
The president has just signed a new Financial Shield to help entrepreneurs most affected by the second wave of the SARS-CoV-2 pandemic. The call for electronic applications is planned for the second half of January 2021. The amount of aid planned is…
COVID-19: New VAT instalment payment scheme for the first half of 2021 in Portugal
The Portuguese Government approved, through Decree-Law 103-A/2020, of 15 December, a new regime for the payment of VAT, in three or six instalments, to be implemented during the first half of 2021.
COVID-19: Review of the year that changed everything and trends for 2021
2020 has been a year like no other. The world health emergency caused by the spread of COVID-19 and the resulting declaration of a state of emergency (lockdown) in Spain in March 2020 brought an unprecedented whirl of legislative activity. Companies…
Maintained the average construction value per square meter for 2021
Ministerial Order no. 289/2020, of 17 December, was officially published, which sets in EUR 492,00 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 2021.
What changed in 2020 in VAT on intra-Community transactions
Since 1 January 2020 new rules on EU trade have become effective, some of them immediately implemented since that date, others transposed later by Law no. 49/2020, of 24 August, but with retroactive effects.
Mexico: Legislative initiative to ban labor outsourcing is postponed
Given the relevance of the amendment and the great impact it may have from a fiscal, labor and social security point of view, the Mexican President has requested to the Congress that the analysis and discussion of the law initiative be postponed…
COVID-19: Payment deferment of VAT and social contributions in Portugal
New extraordinary measures to mitigate the effects of the COVID-19 pandemic were approved by Decree Law 99/2020, of 22 November, including the deferment of the VAT payment for the third quarter of 2020 and the social contributions for November…
Extraordinary VAT exemption applicable in Portugal on the purchase of goods to combat COVID-19 extended until 30 April 2021
The Portuguese Government, through SEAF Order no. 450/2020.XXI, has again extended the VAT exemption applicable to domestic supplies and intra-Community acquisitions of goods necessary to combat COVID-19 established in Article 2 of Law no. 13/2020,…
Tax Newsletter - November 2020
Are you an entrepreneur? These are the personal income tax (IRPF) central government and autonomous community incentives available
The personal income tax legislation allows credits to be applied against the tax payable by individuals who make investments either directly or through a legal entity (e.g. through the formation of companies, capital increases, etc.).
COVID-19: new tax deadlines extensions in Portugal
The Portuguese Government approved, through Order of SEAF no. 437/2020.XXII and Circular letter no. 30227/2020, of 10 November, new deadlines extensions for the fulfillment of several tax obligations that we summarize in the table…
Latin American Viewpoints - November 2020
We are pleased to share our first issue of Latin American Viewpoints. We provide a complete-picture insight on key new legislation, covering analysis of new developments, trends and viewpoints across the region, from every angle of business law.