Portugal News

EU Committed To Boosting Tax Take From Digital Economy
by Ulrika Lomas, Tax-News.com, Brussels
Friday, March 19, 2021
The EU is willing to move ahead with its own proposals on taxing the digital economy if an agreement is not reached at an international level, according to the current EU Council presidency. Read Full Story

Germany Issues EU Presidency Tax Priorities
by Ulrika Lomas, Tax-News.com, Brussels
Tuesday, September 29, 2020
On September 22, 2020, Germany provided further details about the government's tax policy priorities for its presidency of the European Union. Read Full Story

Cyprus Adds To Guidance On Calculation Of NIDs
by Lorys Charalambous, Tax-News.com, Cyprus
Tuesday, September 29, 2020
The Cyprus Tax Department has released ten-year government bond yield rates for five new territories, to support businesses in calculating claims for Cyprus's Notional Interest Deduction. The rates are for Bermuda, Denmark, Jordan, Portugal, and Switzerland. Read Full Story

BEPS MLI Enters Into Force For Cyprus, Saudi Arabia
by Lorys Charalambous, Tax-News.com, Cyprus
Friday, May 15, 2020
The BEPS multilateral convention entered into force for treaties signed by Cyprus and Saudi Arabia on May 1, 2020. Read Full Story

Portugal Ratifies BEPS Multilateral Instrument
by Ulrika Lomas, Tax-News.com, Brussels
Tuesday, March 17, 2020
On February 28, 2020, Portugal ratified the BEPS multilateral instrument, committing to introduce changes to counter tax base erosion and profit shifting by amending its network of double tax treaties. Read Full Story

Austria May Pull Out Of European Financial Transactions Tax Talks
by Ulrika Lomas, Tax-News.com, Brussels
Tuesday, March 3, 2020
On February 19, 2020, German Finance Minister Olaf Scholz issued a statement to say that he remains "committed" to the introduction of a financial transactions tax at European Union level along the same lines as that proposed by the German Government last month, despite opposition from within the EU, notably from Austria. Read Full Story

Austria Rejects German Financial Transactions Tax Plan
by Ulrika Lomas, Tax-News.com, Brussels
Thursday, February 6, 2020
Austrian Chancellor Sebastian Kurz has said that Austria does not agree with new German proposals for a European financial transactions tax. Read Full Story

EU Member States Slow To Implement VAT Quick Fixes
by Ulrika Lomas, Tax-News.com, Brussels
Thursday, February 6, 2020
The European Commission has launched infringement proceedings against 14 member states for failing to implement the so-called value-added tax quick fixes. Read Full Story

Many EU States Tardy In Adopting Anti-Tax Avoidance Directives
by Ulrika Lomas, Tax-News.com, Brussels
Thursday, February 6, 2020
On January 24, 2020, the European Commission issued formal notices to numerous European Union member states with regards to lapses in the implementation of various EU anti-tax avoidance directives. Read Full Story

EU Financial Transactions Tax Agreement Close, Says Scholz
by Ulrika Lomas, Tax-News.com, Brussels
Monday, January 27, 2020
German Finance Minister Olaf Scholz has said he is confident that an agreement can be reached on a European Union financial transactions tax. Read Full Story
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