A decree (No. 58/2021, available in the Portuguese language only) published on 16 March 2021, as part of Portugal’s implementation of the EU VAT e-commerce package, establishes the new form and instructions for the monthly VAT returns to report certain cross-border distance sales to EU final consumers through e-commerce. The new form and instructions are applicable for transactions carried out as from 1 July 2021.
Source: Deloitte
Latest Posts in "Portugal"
- Portugal Approves 6% VAT for New Homes, Adds Tax Breaks for Residential Rentals
- Audit Procedures and Compliance with Fiscalization Rules in Portugal
- 6% VAT on Construction Welcomed, But Time Limit May Undermine Housing Incentives, Say Developers
- Homebuyers Now Responsible for 6% VAT Compliance on New Properties, Parliament Approves Rule Change
- New VAT Refund Mechanism for Individuals Building Primary Residences: Eligibility, Process, and Concerns
