Tag Archives: tax office

Duties of a Fiscal Representative

16 Monday Dec 2019

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There are two types of Fiscal Representation in Portugal:

  •       – Fiscal Representation in Personal Income Tax (“IRS”)
  •       – Fiscal Representation in VAT

Appointing a Fiscal Representative

It is mandatory to appoint a Fiscal Representative whenever a third-country national who is not resident in Portugal has income arising in Portugal. Alternatively, although residing in the national territory, an individual is absent for a period exceeding six months and obtains income in Portugal subject to Portuguese taxation. For a non-resident to start the process of appointing a tax representative in Portugal, the taxpayers must have a Fiscal Number (“NIF”) and a password (“senha”) to be identified on the Finanças Portal. Continue reading →

Consequences of hiding assets or income from the tax authorities (“AT”)

31 Thursday Oct 2019

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As a rule, intentional omissions or inaccuracies in fiscal declarations or other tax relevant documents are punishable by a fine of between €375 and €22,500 for individuals or €750 and €45,000 for companies. Also, these infractions are punishable as the crime of tax evasion if the outstanding assessment is €15,000 or more per declaration. Tax fraud is punishable by imprisonment of up to three years. In more egregious situations, the crime of qualified tax fraud is punishable by imprisonment of two to eight years for individuals and a penalty of 480 to 1920 days for company directors.

viaCTT electronic post box

03 Tuesday Jul 2018

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The “AT” (Tax Office) wants to assure that all entrepreneurs receive their correspondence in a secure and unquestionable manner. To this end. all Sole Traders registered for VAT are now obliged to have an electronic post box with www.viaCTT.pt. The viaCTT account must be activated within 30 days after VAT registration. The rule applies to sole traders once they have reached an income of over than 10.000€ in the preceding year. Fines for non-compliance go from €50 to €250.

An ominous Letter from the Tax Office

24 Monday Apr 2017

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As a resident foreigner, you may receive letters from the Tax Office (“AT”). Just as happens with many Portuguese citizens, you will be baffled by the encrypted content, written in unadulterated “bureaucratese”. The letter may come with a “number” that might seem to be a tax demand. It may also contain a “deadline”, defining when you are supposed to react. The first order of business is: “Don’t panic.” Continue reading →