In late August, Portugal introduced several important amendments to the VAT Code and its complementary legislation.
Among the changes are those impacting the following:
· Location of rendering of services
· Invoicing process and requirements (including term of issuance, mandatory information, reporting requirements, and E-invoicing)
· Amendments to the scheme of circulation of goods in transactions between VAT registered taxpayers
· Applicable Personal Income Tax benefit re input tax
Please contact Nick Hart with any VAT-related concerns or queries.
High Street Partners