Portugal: Mandatory disclosure reporting deadlines under DAC6 postponed

Portugal: Mandatory disclosure reporting deadlines

The Council of Ministers on 30 July 2020 approved a decree-law that would transpose the Council Directive (EU) 2020/876 (June 24, 2020), into domestic law—thereby formalizing Portugal’s action to postpone the reporting deadlines under the EU mandatory disclosure rules (DAC6).


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Although a release from the Council of Ministers is silent on this postponed due date, it is expected that the deferral will be for six months, similarly to that in other EU Member States. Thus, the reporting deadline for arrangements that occurred between 25 June 2018 and 30 June 2020 would be expected to be 28 February 2021, while the reportable arrangements that occurred between 1 July 2020 and 31 December 2020 would be reported within 30 days from 1 January 2021.

In addition to the deferral of the reporting deadlines, the decree-law also establishes a “DAC6 Forum” that would aim to promote the monitoring of the regime provided for in DAC6 and to provide guidance to address the doubts that have been raised by the economic agents.

Read a July 2020 report (Portuguese and English) [PDF 45 KB] prepared by the KPMG member firm in Portugal

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