Latest news and stories about tax law in government in Portugal for expats and residents.
The Portuguese Communist Party (PCP) is seeking to ban the State from using arbitration to resolve tax disputes, arguing it creates an unfair double standard for large-scale debtors compared to ordinary citizens.
The Portuguese Episcopal Conference, led by Bishop José Ornelas, has condemned the taxation of compensation payments made to victims of sexual abuse within the Catholic Church, labeling the practice as ethically unacceptable.
The Portuguese Tax Authority has clarified that young people under 35 are ineligible for first-home tax exemptions if they already own shares in residential properties, regardless of whether those shares were acquired through inheritance or donation.
Interest from term deposits paid to local municipalities is subject to corporate income tax (IRC), with a mandatory 19% withholding tax that is final, according to a new binding information from the Tax Authority (AT), which restricts the scope of the tax exemption applicable to the public sector. At issue was a request for clarification regarding the mandatory nature of...
The corporate income tax (IRC) benefit for research and development (R&D) investments made indirectly, known as Sifide II via funds, has ended. However, the general regime will remain in force for another year, until the end of 2026. The change, provided for in this year's State Budget, was submitted to the Assembly of the Republic.
The 1.6 million euros paid as 'reparation' are not exempt from taxes. In some cases, the financial compensation could be cut to half of the communicated value.
The 1.6 million euros paid as 'reparation' are not exempt from taxes. In some cases, the financial compensation could be cut to half of the communicated value.
The annual income tax return for 2026, with a filing deadline starting on April 1st, will undergo changes. The tax authority has updated the Model 3 form and several annexes, introducing modifications that reflect the new Youth IRS regime, changes to capital gains taxation, and new codes for exempt income. The new rules apply to tax returns...
