Ministry of Finance

Office of the State Secretary for Tax Affairs Order no. 6131-A/2015, 4 June

Approves the new withholding tax rates for the Autonomous Region of the Azores.

Ministry of Finance

Ordinance no. 172/2015, of 5 June

Defines the procedure for submission of the authorisation request referred to in 78-B(1) of the VAT Code, for the settlement of the tax related with credits whose maturity has occurred after 1 January 2013 and that are qualified as doubtful debts, approving the official form to be used for this purpose and its completion instructions.

Ministry of Finance

Ministerial Order no. 176-A/2015, of 12 June

Updates the regime of contribution for the banking sector, reflecting the increase from 0.07% to 0.085% of the rate applicable to liabilities deducted from Tier 1 and Tier 2 capital and from deposits covered by the Deposit Guarantee Fund, as provided for in article 226 of the 2015 Budget Law.

Presidency of the Regional Government of the Azores

Regional Regulatory Decree no. 12/2015/A, of 23 June

Amends Regional Regulatory Decree no. 9/2014/A, of 27 June, which regulates the regime of conditional and temporary tax benefits, capable of being granted on a contractual basis in the Autonomous Region of the Azores, in respect of relevant investment projects in production units, due to their value and acknowledged and clear strategic importance for the regional economy.

National Assembly

Law no. 63-A/2015, of 30 June

Approves the new VAT rates applicable to the Autonomous Region of the  Azores, reducing the intermediate rate to 9% and the reduced rate to 4%, maintaining the normal VAT rate in 18%.

Secretary of State for Fiscal Affairs

Order no. 119/2015-XIX, of 30 June 2015

Determines a transitional period for the adaptations derived from the approval of new reduced and intermediate VAT rates, in the Autonomous Region of the Azores, without the application of any penalties until 7 July 2015 (inclusively).