New legislation Tax Free


In accordance with Article 14 (1) (b) of the Value Added Tax Code, transfers of goods dispatched or transported outside the Community by an acquirer who is not resident or established in the European Union . That rule corresponds to the transposition of Article 146 (1) (b) of Council Directive 2006/112 / EC of 28 November 2006, the rules of application of which in the case of goods carried in baggage Of travelers, are laid down in Article 147 of that Directive.

Changes to Billing and Accounting SAF-T (PT) Files



Legal framework and entry into force

Ordinance no. 302/2016, of December 2, amended Administrative Rule no. 321-A / 2007, of March 26, in particular with regard to the data structure of the SAF-T (PT) file related to invoicing And created the taxonomies to be used in filling in the fields marked out in the data structure of the SAF-T (PT) file on accounting.

All taxpayers of IRC and IRS with organized accounts, who carry out, mainly, a commercial, industrial or agricultural activity, with headquarters or permanent establishment in Portuguese territory must have the capacity to export the SAF-T (PT) Invoicing and accounting, whenever requested by the services of the Tax and Customs Inspection, within the scope of their competencies, or to fulfill declaratory obligations that require it.

Consolidation of Accounts


The growth of companies and the globalization of their businesses lead to the creation of economic groups led by the so-called parent company, which leads to the need to present consolidated accounts. In fact, the economic groups are constituted by a parent company and all its subsidiaries.

Prohibition on the issue of bearer securities


It was published in Diário da República on May 3, 2017, Law no. 15/2017, which approves the prohibition on the issuance of bearer securities and at the same time imposes the conversion of securities to bearer securities Nominative securities. This Law introduces relevant changes to the Securities Code and the Commercial Companies Code in order to accommodate the desired changes. On the other hand, it should also be noted that it results in the transposition into Portuguese law of Directive 2015/849 on the prevention of the use of the financial system for the purpose of money laundering or terrorist financing.

Amortization of intangible assets with indefinite useful life


The Accounting Standards Committee (CNC) recently released FAQ # 30, related to the amortization of intangible assets with an indefinite useful life within a maximum period of 10 years, in which it clarified that such assets should be amortized over a maximum period of 10 Years (§ 105) and subject to impairment tests under paragraph 107 of the NCRF 6.

Additional to IMI (AIMI) - New tax created by the State Budget Law for 2017


Law No. 42/2016 of December 28 (State Budget for 2017) created the additional to the municipal property tax (AIMI), to be in force as of 2017, which, after deduction of the Collection, constitutes income of the Social Security Financial Stabilization Fund, as provided for in Article 1 (2) of the IMI Code.

Economic groups - Obligation to prepare consolidated financial statements


Decree-Law no. 98/2015 of 2 June, which entered into force on 1 January 2016, transposed into the national legal order Directive 2013/34 / EU of the European Parliament and Of the Council of 26 June 2013, entitled "New Accounting Directive", concerning the annual financial statements, the consolidated financial statements and related reports of certain types of companies, amending Directive 2006/43 / EC of the European Parliament and of the Council and repealing Directives 78/660 / EEC and 83/349 / EEC.


Tourism until 2027


Moneris shares its vision for the sector under the SVN - Travel and Business Salon

Tourism is a strategic activity for the Portuguese economy, estimating that it can represent, directly and indirectly, about 20% of the national GDP.
The World Tourism Organization forecasts a growth of world tourism in the next 10 years, at a rate of 3.3% per year.

Major legislative changes in the administrative management of human resources


In a review of the main changes to 2017 in the field of human resources, you can consult in this article the legislative news on minimum guaranteed monthly remuneration, the payment of Christmas subsidies and vacations in the private sector, the maintenance of the meal allowance and the IRS.

Special Program for Reducing State Debt (SPRSD)


The Law-Decree no. 67/2016, of November 3, entered into force on November 4, 2016, which approved an exceptional regime for the regularization of debts of a fiscal nature and debts of a contributory nature to social security. "Special Program Of Indebtedness to the State (SPRSD)