Portugal publishes revised draft legislation on Mandatory Disclosure Rules

Executive summary

On 31 January 2020, the Portuguese Government published revised draft legislation implementing the European Union (EU) Directive on the mandatory disclosure and exchange of cross-border tax arrangements (referred to as DAC6 or the Directive).

The Portuguese draft legislation was first published on 28 May 2019¹ and was subject to a public consultation. The revised draft legislation will now be subject to the formal legislative process and may still be amended before final enactmen…