The Portuguese Secretary of State for Tax Affairs has signed a Government Order that makes significant changes to the format of e-invoices and digital tax reporting responsibilities for taxpayers.
The State Order has extended the deadline for mandatory usage of Qualified Electronic Signatures (QES) for invoices and decreased the time frame for the mandatory transfer of invoice transactional data to the Tax Authority. Moreover, the Tax Authority is also planning to introduce a tax alert system. This system will send communications to support compliance for taxpayers who do not report the invoice transactional data within the prescribed deadline.
Source: fonoa.com
