The Portuguese government announced measures to allow for flexibility on tax payments—including payments of corporate income tax, individual (personal) income tax, and value added tax (VAT) for the second quarter of 2020.
These measures are subject to approval by the Council of Ministers.
Read a March 2020 report (Portuguese and English) [PDF 67 KB] prepared by the KPMG member firm in Portugal
Update on other relief measures
Law No. 1-A/2020, of 19 March 2020, was published in the official gazette and thereby adopts measures in a law-decree from 13 March 2020 in addressing the situation caused by the coronavirus (COVID-19) pandemic.
Measures in the law provide “exceptional and temporary” relief for taxpayers in Portugal, including suspensions of the statute of limitations and certain “judicial holidays.” The effective date of the law is 13 March 2020. Read TaxNewsFlash about the measures in the law-decree.
Read a March 2020 report (Portuguese and English) [PDF 89 KB] prepared by the KPMG member firm in Portugal
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