15 Monday Aug 2016
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Another change in IMI evaluations comes with the possibility of municipalities to solicit a re-evaluation for IMI purposes. This procedure was previously only open to owners. IMI is a municipal tax collected by the AT (Tax Authorities), based on 0.3% – .45% of the rateable value of real property.
15 Monday Aug 2016
Posted in Briefs
The view as well as the solar exposure now have more weight in the formula that calculates the property value and the IMI (property rates) to pay. These factors now quadruple, going from 5% to 20%. On the other hand, the same factors, when considered for the reduction of property value, are worth 10%, a doubling compared to the prior coefficient which was in force at 5%.
01 Monday Aug 2016
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citizens, citizenship, criminal, online, portuguese, record, request
Citizens can now request their criminal record online. This is one of the essential documents for foreigners who are seeking Portuguese citizenship. The measure is one of many of the current Simplex program measures being put in place.
01 Monday Aug 2016
Posted in Briefs
Amongst confusion in the interpretation of the law governing the collection of property tax in UNESCO classified world heritage areas, the Minister of Finance bucked positions taken by previous governments and the courts by now demanding that property owners must pay IMI.
01 Monday Aug 2016
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Couples who live together no longer need to prove the same tax address for tax authorities to recognize their cohabitation. Finanças now accepts different tax domiciles for those who seek this civil status.
01 Monday Aug 2016
Posted in Briefs
20 Wednesday Jul 2016
Posted in Briefs
