Portugal - Circular-Letter – VAT in the hotel industry
Circular-Letter no. 30196, of December 05th, was disclosed, clarifying that Circular-Letter no. 102697, of 4 June 1991, relative to VAT guidelines that entities in the hotel industry must comply with, is revoked.
The Circular-Letter also establishes a transitory period, until 30 June 2018, during which the entities covered by Circular-Letter no. 102697 must adapt its procedures to the current obligations, namely, ceasing to assess tax according to sales diaries, and starting to issue invoices.
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