Coronavirus - Government measures in key jurisdictions - Flipbook - Page 66
Portugal
– retailers and services open to the public who have been forced to shut down or
to suspend activity as a result of the state of emergency, or by any other legal or
administrative order (including if they keep trading online or through distance sales), and
– restaurants and similar establishments (even if they keep operating for take-away
services or home delivery).
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Litigation
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For more information please visit: COVID-19: Portuguese Government draft bill
establishes an exceptional regime for deferral of rental payments, and COVID-19:
Main legislative or regulatory initiatives that have been taken in Portugal
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All procedural terms for all kinds of courts have been suspended and will resume
when the state of emergency ends. This suspension is generally applicable to
proceedings which are not urgent (notably those where fundamental rights are
involved).
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For more information please visit here.
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Postponement of CIT payments and obligations: the following deadlines have been
extended:
Are the courts
operating?
Tax
Has any new
legislation been
introduced in light
of COVID-19?
– Extension of the first CIT special payment on account from March 31, 2020 to
June 30, 2020.
– Deadline to submit the Corporate Income Tax return (Modelo 22) was extended
from May 31, 2020 to July 31, 2020.
– Extension of the first CIT payment on account and additional payment on
account from July 31, 2020 to August 31, 2020.
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Tax deferrals: payment of VAT and CIT/PIT withholding taxes due in the 2nd
trimester of 2020 may, under certain circumstances, be deferred and paid in 3 or 6
monthly instalments, free of interest and without the need of providing guarantees.
The first 1/3 or 1/6 has to be paid on the corresponding legal deadline.
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Social Security deferrals: possibility of, under certain circumstances, reducing
to 1/3 the Social Security contributions due between March/April and May/June
2020 for companies and self-employed (the remaining 2/3 should be payable
under the same instalment deferral rules set out above, i.e. payable between July
and September 2020 or between July and December 2020, depending whether
payable in 3 or 6 monthly instalments (free of interest and guarantees)).
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Temporary exemption from Social Security contributions: exemption which is,
under certain circumstances, automatically applicable to entities benefiting from
the exceptional and temporary measures set for labor protection in the context of
the COVID-19 outbreak.
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For more information please visit: COVID-19: Main legislative or regulatory initiatives
that have been taken in Portugal, and Tax Measures in Portugal in response to
COVID-19.
Government measures in key jurisdictions
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