The following was announced by Premier Li, during State Council meeting yesterday, Mar 28.:
Reduction in VAT rate – Manufacturing, etc. VAT rate reduce from 17% to 16%. Transportation, construction, basis telecom, etc, VAT rate reduce from 11% to 10%.Read More »
On 21 October 2013, Portugal and Spain signed agreements regarding the strengthening of mutual assistance and automatic exchange of information on tax matters. These aim at fighting tax fraud and evasion and the parallel economy. The signed agreements refer to several potential fraudulent situations, including:Read More »
All goods transported within the Portuguese territory to taxpayers must be accompanied by transport documents issued in accordance with the Portuguese legislation. As from the 1 of July 2013 there is a new obligation to submit the information of the transport documents to the Tax Authority prior to the beginning of the transport. Read More »
PwC Switzerland ITX
Michaela Merz 