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  • 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…

  • 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').

  • Published the administrative agreement with proceedings to be observed on Social Security matters between Portugal and Cape Verde

    It was published today in the Official Gazette Notice no. 135/2018, with the Administrative Agreement executed between Portugal and Cape Verde, related to Convention on Social Security executed between the Portuguese Republic and the Republic of…

  • Budget Proposals 19 - Poll Mode

    The Portuguese Budget Bill for 2019 was presented to the Parliament on 15 of October 2018. 

  • Early retirement pension free of cuts for long careers, initiated until the age of 16

    Decree-Law no. 73/2018, of October 17, was published in the Official Gazette, extending the scope of the special regime for early access to retirement pension to the beneficiaries of Social Security general system, or civil servants social…

  • Regulation of the Legal Framework of the Central Registry of Ultimate Beneficial Owners

    Ministerial Order no. 233/2018, of August 21st, was officially published, which regulates the Legal Framework of the Central Registry of Ultimate Beneficial Owners (“RCBE”), approved by Law no. 89/2017, of August 21st.

  • Amendments to the Tax Incentives Statute

    Law no. 43/2018, of August 9th, was officially published, which amends and extends the deadline of some articles of the Tax Incentives Statute (“EBF”).

  • Electronic forms have now to be made available by the tax authorities with a minimum advanced period of 120 days

    Law no. 39/2018, of August 8th, was officially published, which establishes a minimum advance period of 120 days for the Portuguese Tax Authorities (“PTA”) provide the digital forms necessary to comply with the obligations regarding tax…

  • On 29 July new European rules enter into force regarding posting of workers in the EU

    On July 29, 2018, will enter into force the Directive (EU) 2018/957, of the European Parliament and of the Council, of 28 June 2018, amending Directive 96/71/EC, regarding the posting of workers in the framework of the provision of…

  • Financial and Tax Report obligation for multinational groups (Country-by-Country Report)

    We remind that it should be delivered, electronically, to the Portuguese Tax Authorities, until 31 May 2018, the declaration Form 54 relative to fiscal year 2017 (for taxable persons with a taxable period equal to the civil year), in order to…

  • CEJ judgement regarding stand-by duty as working time

    Judgment of the European Court of Justice (ECJ) in the case C-518/15 was published, in which ECJ had to define once again if stand-by time regime, where an employee has to be available to the employer, should be considered “working time…

  • Gains on sales of bitcoins are not taxed under Portuguese tax law

    Tax Portugal Newsletter - January 2018