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Member Articles


Income and Withholdings Subject to Withholding Rates

Ministerial Order no. 31/2021, of February 10, 2021, was published, which approves the Form 39, aimed at the fulfillment of the obligation, levied by debtor entities or entities that pay or place at the disposal of the r ...

VAT Deduction for (Partial) Vacancy of Immovable Property

An entrepreneur is entitled to deduct input tax insofar as this input tax is attributable to his taxable transactions. So if an office building is rented out with VAT, for example, there is a right to a deduction in adva ...

Extension for Payment of Tax Within the Tax Regime for Microenterprises

Through Executive Decree No. 1240 issued on February 3, 2021, an extension of the term of the declaration and payment of the income tax applicable to taxpayers subject to the Microenterprise regime that have not generate ...

Selling a Second Home or Business Asset in 2021? Beware of the Taxman

With the Budget soon upon us at the beginning of March, it is a timely reminder to consider one of the most important capital gains tax reliefs available, particularly to those who are in business. Capital Gains Tax (CG ...

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