26 September 2019
Portugal has published Law No. 119 of 18 September 2019 in the Official Gazette, which provides amendments to several tax codes. This includes the following changes regarding transfer pricing:
Some of the other amendments provided for by Law No. 119 include:
Note - The VAT payment deadline changes essentially provide a five-day extension for the payment of VAT after the declaration (return) deadlines. The declaration deadlines are not changed, which are the 10th day of the 2nd month following the month and the 15th day of the 2nd month following the quarter, depending on the taxable person's turnover.
The measures of Law No. 119 generally enter into force on 1 October 2019.
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