Oporto
Everything you need to know about the plan to implement new whistleblowing legislation in Portugal
By June 18, 2022, companies (whether public or private) and public entities, especially those employing 50 or more workers, are obliged to implement a whistleblowing channel so that workers, shareholders, members of corporate bodies, service…
Whistleblowing: new obligations for companies in Portugal
Decree-Law no. 93/2021, which transformed into national law the EU Directive 2019/1937, was published in the Official Gazette, introducing, among other matters, a set of obligations for companies and public entities regarding the protection of…
Portugal: New contribution over disposable plastic and aluminium packages from meals ready to consume
This new contribution will have to be charged as of 1 July 2022 over plastic or multi-material with plastic packages and in 2023 over packages made of aluminium or multi-material with aluminium.
NPLs and REOs in Spain, Portugal and LatAm: more securitizations and transactions in Southern Europe
NPL transactions continued in the first quarter of 2022. Spain and Portugal were the most active jurisdictions with our Madrid, Barcelona and Lisbon offices playing a leading role.
Scania & Others/European Comission: the ‘Hybrid procedure and the rights of defense guarantee
What are the consequences of a settlement procedure where all the companies reach agreement with the authority conducting the investigation phase except one? Could the latter be harmed by not reaching an agreement? How does the principle of…
Portugal: First special payment on account is waived
Corporate Income Tax taxpayers are waived from the first special payment on account (PEC) by Order 92/2022-XXII, of 14 March 2022, which had to made, when mandatory, by 31 March 2022 (when they have a tax period equal to the calendar year) or…
PIT withholding tax rates applicable in Madeira in 2022 were updated
Withholding tax rates applicable to employment income (category A) and pensions (category H) taxed within the scope of the Personal Income Tax, obtained by the resident taxpayers in the Autonomous Region of Madeira, during 2022, were approved by…
Portugal: Provisional measures of the Stamp Tax Monthly Declaration are extended
Order no. 33/2022-XXII, of 28 January, disclosed on the website of the Portuguese Tax Authority (PTA), determined the extension of two provisional measures related to the Stamp Tax Monthly Declaration (DMIS) adopted in previous Orders.
New guidelines on direct marketing issued by the Portuguese Data Protection Authority: what has to change in the way companies do marketing?
On 25 January 2022, the CNPD issued its first guidelines on the processing of personal data in the context of direct marketing electronic communications.
Employers are now able to request the compensation for the increase of the minimum monthly wage
The online form for employers to request the exceptional measure created to compensate the increase of the minimum monthly wage is now available.
Portugal: Municipal surtax rates applicable to 2021 taxable income were disclosed
Municipal surtax rates were disclosed through Circular Letter no. 20237/2022, of 27 January, to be assessed and paid in 2022, due on the taxable income to be determined in regards to the 2021 fiscal period.
Withdrawal of the Double Tax Treaty between Portugal and Sweden
Notice no. 2/2022, was officially published, which reports that the Kingdom of Sweden has communicated to the Portuguese Government the decision to withdraw the Double Tax Treaty signed between Portugal and Sweden to Avoid Double Taxation on Income…