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
European Economic and Social Commission Opinion on VAT Modernization

The European Economic and Social Commission (EESC) published its opinion on three proposals from the Europe...

Next Article
European Union: VAT Decisions for Hungary, U.K.

The Court of Justice of the European Union (CJEU) recently issued opinions on VAT cases involving the U.K. ...


Regulatory Analysis News - Delivered Weekly

Thank you for subscribing!
Error - something went wrong!

Sign up for our monthly VAT newsletter

Thank you!
Error - something went wrong!