Tax Alert | OECD’S Global Tax Deal: Key points and Next Steps
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).
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The Tax Treaty celebrated between Portugal and Sweden was revoked as of January 1st, 2022, based on Notice No. 2/2022, published today.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
January, 24 2022
Recently, the OECD released the 2022 edition of the OECD Transfer Pricing Guidelines for Multinational Enterprises and Tax Administrations. Take into consideration the globalization and the leading role of the multinational enterprises in the economy’ growth, there is a constant need to make sure that the economic activity undertaken is properly allocated to each jurisdiction and, subsequently, the profits are taxed
January 10, 2022
More than 10 years after the initial regulation of the procedures for the conclusion of Advance Pricing Agreements (APA), the Portuguese Government, on 26 November, carried out a review of this regulation through the publication of Ministerial Order no. 267/2021, including not only the changes historically introduced in article 138 of the Corporate Income Tax (CIT) Code, dedicated exclusively
January 7, 2022
Following the latest changes of the Portuguese Transfer Pricing Regime, recently introduced in the Corporate Income Tax (CIT) Code, further to the substantial improvements occurred over the last 20 years, resulting from the work developed by the Organisation for Economic Cooperation and Development (OECD), the Joint Forum on Transfer Pricing (TP) of the European Union (EU) and
April 29, 2021 We are proud to inform you that, despite the last atypical year, Nexia – Santos Carvalho & Associados maintains, in 2020, the SME Excellence Status. This distinction is strongly corelated to the quality and resilience of our Clients and to our People, namely to their commitment and dedication, contributing every day to the professional success of our activity