Portugal: Tax Authorities

European financial sector tax reform is imminent, with the European Parliament and Commission acknowledging that current VAT exemption rules from the 1970s no longer reflect modern fintech business models. Leaders of digital banks, payment companies, and financial platforms face a critical window to influence policy outcomes that will fundamentally reshape their tax obligations and competitive positioning.

Portugal tem ganho cada vez mais reconhecimento como centro de negócios inovadores e de ecossistemas tecnológicos vibrantes.

According to the statement, taxpayers who have not paid their tax obligations on time will be able to voluntarily pay the tax until 31 December 2023, regardless of the stage of the tax debt settlement process.