- Portugal will introduce a new VAT grouping regime on July 1, 2026.
- Eligible closely linked corporate groups will be able to consolidate periodic VAT balances into a single net position.
- Under Law No. 62/2025, companies must have strong financial, economic, and organizational ties to qualify.
Source: vitallaw.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "Portugal"
- IMF Urges Governments to Avoid Food Price Subsidies Amid Global Inflation
- Portugal Warns Fuel and Food VAT Cuts Could Trigger 2027 Deficit
- Portugal VAT Guide: Invoicing, IOSS and SAF-T Requirements
- PS Proposes VAT Cut on Fuel and Essentials Amid Rising Prices
- Portugal Requires 13% VAT on Private School Canteen Meal Services
