Portugal has implemented Law No. 81/2023 to address VAT fraud in cross-border e-commerce. The law, which transposes EU Directive 2020/284, imposes strict requirements on payment service providers. It includes clear definitions for key terms, mandates electronic record-keeping for three years, sets threshold requirements for record-keeping, introduces calculation rules for payment thresholds, excludes specific payment services from the obligations, and outlines penalties for noncompliance.
Source GlobalVATcompliance
Click on the logo to visit the website
Latest Posts in "Portugal"
- ECJ C-603/24 (Stellantis Portugal) – AG Opinion – VAT Adjustments in Intra-Group Transfer Pricing Not Separate Supplies
- Portugal Grants Brief E-Invoicing Grace Period for December 2025 Submissions Until January 2026
- New General Court VAT case – C-914/25 (Modelo Continente Hipermercados) – No details known yet
- Optimizing CIT and VAT Strategies for Profitable Real Estate Investments in Portugal
- Changes to Portugal’s VAT Refund Process Under Decree 52/2025
