Portugal to Allow Payment of VAT Using Periodic Tax Return

August 1, 2017 Ramon Frias

The tax administration of Portugal has issued a new regulation (Portaria 221/2017) that will allow taxpayers to pay the VAT due on imports using Portugal's periodic VAT return. The new measure is expected to enter into effect in two stages: September 1, 2017 for most goods contained in Annex C of the VAT Code (except mineral oils) and March 1, 2018 for the rest of the imported goods. For that purpose, two new fields (40 and 41) have been added to annex R of the periodic return.

Previous Article
Arizona Releases 2017 Form A1-WP, Payment of Arizona Income Tax Withheld

The Arizona Department of Revenue has released its 2017 version of Form A1-WP, Payment of Arizona Income Ta...

Next Article
IRS Provides More Guidance on IDES Certificates

The IRS added two FAQs to its IDES Technical FAQ page concerning the use of certificates for reporting via ...

×

Regulatory Analysis News - Delivered Weekly

Company
Thank you for subscribing!
Error - something went wrong!