Latest news and stories about tax authority in property in Portugal for expats and residents.
The Tax and Customs Authority (Autoridade Tributária e Aduaneira or AT) has notified approximately 33,400 landlords to report the termination of non-renewable lease agreements that have already expired. Some property owners have contested the notices, claiming they had already fulfilled their reporting obligations years ago.
The Portuguese Tax Authority is leveraging new technology to streamline the calculation of the location coefficient for Municipal Property Tax (IMI), impacting property valuations based on local infrastructure and services.
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.
The tax authority sent emails to 33,400 landlords with non-renewable lease agreements that have already expired, requesting that they report the termination of the contract, but some taxpayers claim they have already done so several years ago.
The number of messages sent to property owners in this situation is unknown, with only the total universe of recipients being identified.
The Tax Workers' Union highlights IT failures regarding urban property valuations that have remained unresolved since January. They mention other identical cases that are increasing the workload.
This is a common question for Brazilians renting property in Portugal. Registering a rental contract is essential for legal security and for administrative procedures like residency permit renewals. Tenants can verify the registration online via the Portal das Finanças by navigating to 'Todos os Serviços > Renda > Consultar Recibos > Locatário'. If the landlord fails to register the contract, the tenant can do so themselves to ensure compliance and eligibility for tax deductions and housing support programs.
Rustic land plots that are listed in the property tax registry managed by the Tax and Customs Authority (AT), but have no identified current owner or registration at the land registry office, will be covered by a provisional registration mechanism in favour of the State, reports Jornal de Negócios. The procedure, created in 2019 following the major wildfires...
