TAG Tax

On 22 July, three ordinances were published amending statements in the VAT system:

• Ordinance No. 157/2021, amends the recapitulative statement referred to in Article 29, n.1, i) of the Portuguese VAT Code and in Article 30, n.1, c) of the VAT Regime on Intra-Community Transactions, as well as the respective instructions for completion, stipulating the registration, by certified accountants, of the determining fact of a situation of fair impediment of short duration.
• Ordinance No. 158/2021, amends the declaration of the request for prior authorisation in the adjustment procedure provided for in articles 78-B and 78-C of the Portuguese VAT Code, as well as the respective instructions for completion, stipulating the registration, by certified accountants, of the determining fact of a situation of fair impediment of short duration.
• Ordinance no. 159/2021, amends the periodic VAT return, annex R and respective instructions for completion, stipulating the registration, by certified accountants, of the determining fact of a situation of fair short-term impediment, and the declaration of values within the scope of the taxable person inversion rule applicable to the acquisition of cork, wood, pinecones, and pine nuts in shell.

All these orders come into force on 23 July 2021.