Please find below a tax alert on the portugal taxation of cryptocurrencies presented by João Valadas Coriel, Managing Partner of Valadas Coriel & Associados (VCA), our member firm in Portugal. https://www.youtube.com/watch?v=wtF-3Jz8ylw
Prime Minister António Costa announced on Monday that the state intends to end the Non-Habitual Residents Programme (NHR) in 2024 and will no longer accept taxpayer registrations from next year. However, the Prime Minister wasn’t clear on whether he intended to put an end to the whole scheme and how the new guidelines would be applied, and he guaranteed that those who already benefit from the [...]
The Luxembourg Tax Authority (“L.T.A.”) has released on the 9th of June2023 a circular LIR N°168 quarter/1 providing guidance on the computation of taxable income of Reverse Hybrid Entities. A new form to be filed electronically for transparent entities together with Frequently Asked Questions guidance on how to fill in such form are now also available on the website of the L.T.A. This is of great help, [...]
Technical change Legalization of the current administrative practice in terms of deadline for filing tax returns. The 2023 budget law has extended the filing deadline for corporate income tax, municipal business tax, net wealth tax and personal income tax returns from 31 March to 31 December. VAT rates amendments Effective as from 1 January 2023 VAT Cut by 1% but super-reduced rate remains unchanged. From 1 [...]
DAC 6 is an EU Directive that introduces Mandatory Disclosure Obligations for a wide range of cross-border tax arrangements. EU Countries have aligned their national laws quite closely to the DAC6 Directive but some countries went beyond the content of such Directive adding extra requirements. Addressing these differences is the purpose of this COUNTRY PER COUNTRY review. Click here to read the full article : LN [...]
Law & Numbers is an international network of tax specialists bringing together law firms from several countries. In the context of the current pandemic known as Coronavirus or Covid-19, our lawyers present the general and tax emergency measures taken for the following countries: Country Author Belgium André Bailleux Czech Republic Bohdana Prazska France Marylène Bonny-Grandil Hungary Pal Jalsovsky Italy Ambrogio Novelli Luxembourg Bernard Felten Spain José [...]
Said collaboration between French and Belgian members of that esteemed publication, illustrates the close cooperation between Law & Numbers various network members. More specifically, the article highlights the transborder transfer pricing between France and Belgium issues. Our Co-writers are : André Bailleux, Attorney at the Brussels Bar, Doctor of Law from the Catholic University of Louvin, Law Firm Partner, Belgian member Marylène Bonny-Grandil, Tax Lawyer at the Paris [...]