Nexia internacional

Tax Alert | New rules proposed for the Non-Habitual Residents

A recent 2024 State Budget proposal law (SBPL n. º 109/XV/2.ª) has been introduced, and it contains several significant changes, including the elimination of the non-habitual resident tax regime (NHR).

2023-10-25T09:43:22+00:00 Outubro 25th, 2023|Nexia internacional|

Tax Alert | Multinationals: New Transparency Requirements in 2024

31 August 2023
Starting from June 22, 2024, companies (whether they are companies, subsidiaries, and/or branches) that meet specific criteria are required to compile and publicly disclose a new financial information report.

2023-08-31T11:33:36+00:00 Agosto 31st, 2023|Nexia internacional|

Tax Alert | DAC7: New tax transparency criteria for platforms in non-EU countries

13 of April 2023
On April 13th, 2023, the European Commission adopted a new implementing regulation for certain provisions of the Amending Directive to the 2011 Directive on Administrative Cooperation (DAC7).

2023-04-20T14:49:26+00:00 Abril 20th, 2023|Nexia internacional|

Tax Alert | 2023 brings new invoicing obligations for Non-Resident Taxpayers

December 19, 2022
Following the legislative changes introduced by the Portuguese State Budget for 2022, the non-resident taxable entities, when subject to the rules established by the VAT Code, are obliged, as of January 1, 2023, to communicate their invoicing to the Tax and Customs Authority (AT).

2022-12-19T12:42:50+00:00 Dezembro 19th, 2022|Nexia internacional|

Tax Alert | Short-term capital gains taxation will increase in Portugal for 2023

August 16, 2022
The Portuguese Parliament approved, on May 27 2022, the State Budget for 2022, bringing some changes, applicable as from January 1 2023, in the taxation of capital gains from the sale of shares or other securities, such as participating units. In accordance with the rules currently in force (until December 31, 2022), the positive balance of any capital gains and losses from the sale of shares or other

2022-08-16T12:47:15+00:00 Agosto 16th, 2022|Nexia internacional|

Tax Alert | UAE introduces corporate tax for FY2023 onwards

February 16, 2022
At the end of January, the Ministry of Finance (MOF) of the United Arab Emirates (UAE) announced that will introduce a federal corporate tax from financial year 2023 onwards. As a federal tax, it will apply across all Emirates and so will be levied on any foreign-owned legal entities based in Abu Dhabi or Dubai undertaking business activities. Since July 2021 that MOF had confirmed

2022-02-16T15:56:11+00:00 Fevereiro 16th, 2022|Nexia internacional|

Tax Alert | Tax Treaty – Portugal and Sweden 

February 1, 2022
The Tax Treaty celebrated between Portugal and Sweden was revoked as of January 1st, 2022, based on Notice No. 2/2022, published today. The Swedish Parliament’s decision was encouraged by the existence of the Portuguese non-habitual resident tax regime, more precisely, the existence of a clearly more favourable regime applicable to Swedish retirees. Despite, recently, the Portuguese Government replaced the

2022-02-01T19:15:27+00:00 Fevereiro 1st, 2022|Nexia internacional|