RCBE: New rules and obligations in Portugal
A recent publication of Ordinance n.º 233/2018, dated August 21, 2018, has clarified and specified the provisions of the Legal Regime of the Central Register of Beneficial Owners (RCBE).
2023
Antonio Costa, resigns
Portuguese Prime Minister António Costa has announced his resignation after being implicated in an investigation into corruption and illegal interest-taking. The announcement comes hours after his chief of staff and one of his ministers were charged and taken into custody, and a search was carried out at his official residence. António Costa.
OE2024 tax proposals
Every year, the government presents its Finance Bill for the coming year to the House of Representatives. In Portugal, the debate and vote take place around October 30 and 31.
Portugal is the end of RNH
The "non-resident tax regime", which gives pensioners and foreign workers a cap on their income tax, will end in 2024, said Mr. Costa, for whom "it no longer makes sense.
Teleworking in Portugal
In 2022, changes were made to labor legislation as part of the "Agenda du Travail", which came into force on May 1, 2022, bringing new features for teleworking.
Portuguese real estate market holds up
This Swedish real estate crisis is causing concern among analysts, who recall the 90s crisis in that country, which led to problems for the financial system. What about the Portuguese real estate market?
The ITM exemption scheme for the acquisition of real estate for resale
The 2023 State Finance Act (OE 2023) has modified the assumptions for granting the ITM exemption on the acquisition of goods for resale.
Chega becomes Portugal's third political force
The Chega party is now considered the country's third political force, with 13.2 % of voting intentions in the latest polls.
Criteria for determining tax residence
The criteria for determining tax residency are of crucial importance in the field of international taxation.
Mais Habitação Program: Lease and Local Housing
The Portuguese government has published a proposal for measures to modify the legal regimes for local housing and property rental
Tourist rentals, Portugal proposes a new tax
The Portuguese government has proposed a new extraordinary contribution on tourist rental properties (AL) as part of its housing program.
Real estate acquisitions with cryptocurrencies in Portugal
The Order of Notaries in Portugal has announced that it will publish an internal regulation aimed at overseeing real estate acquisitions made using crypto-currencies, in cases where their conversion into legal tender does not take place.
More Housing Program: Proposals for local rentals and housing
Bill no. PL 64/XXIII/2023, of March 3, 2023, also known as the "More Housing" bill, established a set of measures impacting, among other things, current rental lease and local housing regimes.
Euribor explodes, the consequences on loans in Portugal are tragic
The monthly payments of the real estate loans in Portugal will jump again not to say exploded on the contracts which will be revised next month, with increases ranging between 65 euros and 300 euros.
It's official. Government puts an end to Golden Visa
This measure, which puts an end to the granting of new "Golden Visas", is part of the pillar of the fight against money laundering.
New IRS taxation of income from cryptocurrencies
With the state budget for 2023, the government intends to move forward with a framework for taxing income from cryptoassets,
Registration of companies operating with virtual assets
On January 24, 2023, the Bank of Portugal published a notice regulating virtual assets in the context of money laundering and terrorist financing.
State Budget 2023: Tax Amendments
Through this account, we cover all categories, be it cryptocurrency, household income, social security, corporate, IVA, real estate, etc.