25/10/2023
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).
02/1072023
Portaria n.º 292-A/2023 has been published, approving the establishment of limits for compensation owed to employees for additional expenses incurred while working remotely.
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.
1 August 2023
On July 26, 2023, Law n.º 36/2023 was published, which transposes Directive (EU) 2021/514 (DAC7) ...
27 July 2023
On 11 July 2023, a groundbreaking global tax deal was reached by 138 members of the OECD/G20 Inclusive Framework on Base Erosion and Profit Shifting (BEPS).
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).
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).
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
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
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The Tax Treaty celebrated between Portugal and Sweden was revoked as of January 1st, 2022, based on Notice No. 2/2022, published today.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
