The answer is both yes and no. Let us explain. History of NHR The Non-Habitual Resident (NHR) tax status was introduced in Portugal around 2012 as part of a...
The Binding Ruling explains how income from a U.S.-based S-Corporation or LLC is taxed in Portugal. The key points are as follows: Profits from these entities, which are reflected...
Download the PDF below for our full step-by-step guide on how to complete this process and take advantage of any tax credits due to you.
Article 236.9 of the State Budget Law for 2024 revoked the Non-Habitual Residents Regime (NHR). However, intermediate rules were approved that still allow access to the regime for taxable...
The New “MAIS HABITAÇÃO” Law has now been approved & implemented. The Portuguese government has recently brought into effect the “Mais Habitação” bill ensuring changes in the holiday rental,...
A very important change has been added to the tax act as from 1st January 2023. In the past capital gains on the sales of listed shares and similar...
The 2023 State Budget Law Proposal (“OE 2023 Proposal”) was recently released and states new rules about crypto assets and IRS. The proposal states that any digital representation of...
In a recent court case between an American citizen and the Portuguese tax authorities, ruling was in favour of the American citizen who reclaimed a sizeable amount of tax...
Portugal’s tax exemption on “crypto” has made the country a popular destination for cryptocurrency traders. Portugal’s days as a tax haven for cryptocurrency investors may be coming to an...