Presidency of the Council of Ministers – General Secretariat

Rectification Statement No. 49/2014, of 1 December

Rectifying Decree-Law No. 162/2014, of 31 October, of the Ministry of Finance, which, using the legislative authorisation granted by Law No. 44/2014, of 11 July, enacted a new Investment Tax Code (“CFI”) and reviewed the productive investment tax benefits regimes, published in Diário da República No. 211, 1st series, of 31 October 2014.

This statement aims solely to rectify formal inaccuracies of the CFI as well as some Article references mentioned in the same Decree-Law.

Ministry of Finance – Secretary of State for Tax Affairs

Order No. 15598/2014, of 15 December

Approving the new forms for the purposes of benefiting from the exemption or reduction of withholding taxes and requesting the partial or full reimbursement of tax withheld, regarding the payment of interest and/or royalties to associated companies from different Member States of the EU and the Swiss Confederation.

Ministry of Finance – Secretary of State for Tax Affairs

Order No. 15632/2014, of 18 December

Approving  the  new  Corporate  Income  Tax  (“CIT”)  periodic  tax  return  Model  22, respective annexes and instructions.

Ministry of Finance – Secretary of State for Tax Affairs Legislative

Order No. 17/2014, of 19 December

Amending Legislative Order No. 18-A/2010, of 1 July, which regulates the requests for Valued Added Tax (“VAT”) refunds and the terms and conditions to access the monthly reimbursement regime provided for in Article 22(8) and 22(9) of the VAT Code.

Ministry of Finance

Ordinance No. 271/2014, of 23 December

Approving the new front page and the new forms Annex A, B, C, D and I, that are an integral part of the Simplified Business Information Return (“IES”).

Legislative Parliament of the Madeira Autonomous Region Resolution No. 17/2014/M, of 23 December

Approving the Legislative Parliament’s Budget for the year 2015.

Ministry of Finance

Ordinance No. 273/2014, of 24 December

Listing the elements that should be included in the authorisation request for the maintenance of the right to carry-forward tax losses, following the change of more than 50% of share capital ownership or of the majority of voting rights, in cases of renowned economic interest, as provided for in Article 52(12) of the CIT Code.

Ministry of Finance

Ordinance No. 274/2014, of 24 December

Approving the instructions for filling-in Model 10 Personal Income Tax (“IRS”) return – “Non-definitive income and withholdings of resident taxpayers”.

Ministry of Finance

Ordinance No. 275/2014, of 26 December

Establishing the control criteria and proceedings to be adopted regarding the transmission of tax benefits and of the right of deduction of net financial expenses, within the context of demergers or transfers of assets regulated by the regime foreseen in Article 74 of the CIT Code, and listing the elements to be included in the request to be submitted at the Tax and Customs Authority (“AT”) for that effect.

Ministry of Finance

Ordinance No. 276/2014, of 26 December

Approving  the  new  Personal  Income  Tax  (“PIT”)  periodic  tax  return  Model  3  and respective instructions.

Ministry of Finance

Ordinance No. 278/2014, of 26 December

Extending to 2015 the applicability of the transitional regime regarding the formalities for the communication by electronic data transmission of invoicing information, enacted by Order No. 426-A/2012, of 28 December.

Ministry of Finance

Ordinance No. 279/2014, of 30 December

Establishing the maximum tax rate for the purpose of determining the tax deductible costs incurred with shareholder’s contributions and loans, referred in 23.º-A(1)(m) of the CIT Code.

Ministry of Finance

Ordinance No. 280/2014, of 30 December

Determining the average construction price (per square metre) to be used in 2015.

Ministry of Finance

Ordinance No. 281/2014, of 30 December

Updating the currency depreciation coefficients applicable to assets and rights sold in 2014, for the purpose of determining the taxable income.

Ministry of Finance

Ordinance No. 282/2014, of 30 December

Listing the sectors and correspondent activity codes (“CAE”) which may benefit from the tax incentive regime applicable to productive investments, enacted by the CFI.

Parliament

Law No. 82-A/2014, of 31 December

Approving the Major Planning Options for 2015.

Parliament

Law No. 82-B/2014, of 31 December

Approving the State Budget for 2015.

Parliament

Law No. 82-C/2014, of 31 December

Amending the CIT Code, by transposing Directive No. 2014/86/UE, of the Council, of 8 July, which alters Directive No. 2011/96/UE, regarding the tax regime applicable to parent companies and subsidiary companies of different Member States, and conforming the special tax regime applicable to groups of companies to the most recent case law of the Court of Justice of the European Union.

Parliament

Law No. 82-D/2014, of 31 December

Amending the environmental tax rules applicable to the sectors of energy and emissions, transportation, water, residue, spatial planning, forests and biodiversity, introducing a regime for the taxation of plastic bags, and introducing a regime to promote t he retirement of end-of-life vehicles, within what is called the “Green Tax Reform”.