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Taxation is a complex topic, especially when it comes to international taxes. Portugal is no exception. Foreigners and residents must pay income tax in Portugal, which can be confusing. This guide will provide you with an overview of Portuguese income tax so you can...
Does Portugal Tax Foreign Income? Yes, Portugal taxes foreign income received by Portuguese tax residents. Foreign income is included in the individual's taxable income in Portugal and is subject to the same tax rates as domestic income. Nevertheless, double taxation...
Those wanting to relocate or invest in Portugal will soon discover that they first need to obtain a Portuguese Taxpayer Identification Number and, depending on their circumstances, appoint a tax representative in Portugal. A tax representative in Portugal is a natural...
Many of our clients, who qualify as residents for tax purposes in Portugal, always ask us how the tax return in Portugal work. To understand how the tax return in Portugal works, one must first understand the Portuguese Personal Income Tax (also known as IRS)....
The Portuguese bureaucracy can be challenging, and it is no different when it comes to taxation; that is why having a personal tax accountant in Portugal, and Madeira Island is vital to a successful relocation. This article will outline why having a personal tax...