Government measures in key jurisdictions 2nd edition final pages - Flipbook - Page 74
Portugal
•
Restaurants and similar establishments (even if they keep operating for take-away
services or home delivery).
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
6
7
Litigation
•
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).
•
For more information please visit here.
Are the courts
operating?
Tax
Postponement of CIT/PIT and Stamp Tax payments and obligations: the following
deadlines have been extended.
Has any new
•
legislation been
introduced in light
•
of COVID-19?
Extension of the first CIT special payment on account from 31 March 2020 to 30
June 2020.
Deadline to submit the Corporate Income Tax return (Modelo 22) was extended from
31 May 2020 to 31 July 2020.
•
Extension of the first CIT payment on account and additional payment on account
from 31 July 2020 to 31 August 2020.
•
Deadline to submit the IES statement from 15 July 2020 to 7 August 2020.
•
Deadline to deliver to the tax authorities the tax file (when mandatory) from 15 July
2020 to 31 August 2020 (with no penalties).
•
Extension of the deadlines to deliver CIT and PIT withholding taxes and Stamp Tax
from April and May from 20 May 2020 to 25 May 2020 and from 20 June 2020 to 25
June 2020, respectively.
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.
VAT measures:
•
74
Extension of the deadlines to submit the VAT periodic return (with no penalties) of
February (from 10 April to 17 April), of March (from 10 May to 18 May), and of April
(from 10 June to 18 June). The corresponding VAT can be payed until 20 April, 25 May
and 25 June, respectively. Extension of the deadline to submit the 1st quarterly VAT
return from 15 May to 22 May and the corresponding VAT can be paid until 25 May.
This measure does not preclude the request to pay in instalments of the VAT due
between April and June.
Government measures in key jurisdictions
8