Ministry of Finance

Portaria (Ordinance) No 19/2015, of 4 February

Approving the application form for flat-rate compensation to small farmers and the corresponding filling instructions.

This compensation is intended to mitigate the impact of the value added tax (VAT) paid on purchases of goods and services for the pursuit of the economic activity of the farmer who is exempt from tax, and should be requested from the Tax and Customs Authority (TCA) until 20 July and 20 January of each year.

Ministry of Foreign Affairs

Notice No 4/2015

Announcing that on 17 November 2014, Portugal deposited in the OECD (Organization for Economic Cooperation and Development ) its instrument of ratification of the Convention on Mutual Administrative Assistance in Tax Matters1, approved by Parliament Resolution No 80 / 2014.

This Convention, which broadens the international standard for exchange of information in tax matters to a universe of more than sixty signatory countries, among which are Switzerland, the USA, Brazil and China, becomes effective for Portugal on 1 March 2015 .

It is noted that the Portuguese Republic stated that it reserves the right not to provide any form of assistance in relation to compulsory contributions to Social Security.