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  • Introducing the New Orbitax Website: Built for the Future of International Tax
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orbitax hrmc press release announcement banner
Orbitax Successfully Establishes Direct Transmission Connectivity with HMRC for Pillar Two Reporting
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Orbitax Successfully Establishes Direct Transmission Connectivity with HMRC for Pillar Two Reporting
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Portugal Tax News

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The proposals included in the Budget Bill for 2006 have been approved by the parliament, subject to certain minor changes, and enacted as the Budget for 2006 by Law 60-A/05, published in the Official Gazette of 30 December 2005.

19 February 2006

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Additional protocol between Ireland and Portugal signed

1 January 2006

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Changes to withholding taxes on dividends anti-dividend stripping/washing measures

6 December 2005

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Budget Bill for 2006 details including changes relating to EU law

9 November 2005

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The proposal to rectify the Budget Law for 2005 has been approved by the parliament and enacted by Law 39-A/05, published in the Official Gazette of 29 July 2005. The most important amendments reported earlier, which apply from 1 January 2005, are compiled below:

21 September 2005

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Portugal and Chile signed a first-time income tax treaty in Santiago on 7 July 2005. Further details of the treaty will be reported subsequently.

21 September 2005

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Portugal and Turkey signed a first-time tax treaty on 11 May 2005.

9 June 2005

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