Publications - Tax
Tax Newsletter - October 2020
ATCUD postponed to 2022 but QR code still implemented in 2021
The obligation to mention the single document code (ATCUD) on all invoices and other tax relevant documents was postponed from 1 January 2021 to 1 January 2022, set forth in article 7 (3) of Decree-Law no. 28/2019 of 15 February, through Order no.…
Individual Income Tax Impact on Change of Tax Residence Status of Non-domiciled Individuals
Due to the worldwide impact of COVID-19 Pandemic, some foreign expatriates working in China are unable to return to work in China or travel abroad for overseas work functions. The extended or shortened staying days in China affect the tax residence…
Tax Newsletter - July-September 2020
The concepts of “classification”, “conflict in the application of tax provisions” and “simulation” are not interchangeable
Supreme Court concludes that all these concepts must be used for their intended purposes when they were created, observing the procedures specifically defined for each.
Poland: Changes in corporate income tax (CIT) for 2021
The Finance Ministry has published a bill of amendment to the laws governing corporate income tax (bill of September 15, 2020). The bill states that corporate income tax will start being levied on limited partnerships, and places new obligations on…
Updating on the monetary devaluation indexes for 2020
The monetary devaluation indexes were approved by Ordinance no. 220/2020, of 21 September, which updates the annual monetary devaluation indexes applicable to the goods and rights disposed during 2020, whose value should be updated in…
Transfer pricing: Recommendations in relation to the COVID-19 crisis
The COVID-19 outbreak at the beginning of 2020 has caused an unprecedented worldwide crisis, first in healthcare, later in the economy. On the subject of the economy, although there has been much discussion about the various ways and times that the…
New forms (Models RFI) to avoid international double taxation were approved
The new model forms 21-RFI, 22-RFI, 23-RFI and 24-RFI, which are required for the application of international double taxation conventions, were approved by Dispatch No 8363/2020 of 31 August 2020.
Start-ups in the tourism sector: an opportunity in times of COVID-19 which comes with tax incentives
Amendments on SAF-T accounting file and reporting obligation on the establishments where invoices are issued
The Government approved some legislative changes regarding SAF-T (PT) accounting file and reporting obligation on the establishments where invoices are issued through Decree-Law no. 48/2020, of 28 August. We highlight below the principal…
COVID-19: Tax measures to support micro enterprises and SMEs were approved
In order to mitigate the effects of the Covid-19 pandemic, the Portuguese Government approved, by Law no. 29/2020 of 31 July, three more fiscal measures to support micro, small and medium-sized enterprises