The Secretary of State for Tax, António Mendonça Mendes, has confirmed that the Tax and Customs Authority (AT) has already started processing the first IRS refunds, with payments being made from the middle of this week.
According to the data available on the Finance Portal, by 1:20 pm today, 1,720,513 declarations had already been submitted.
Samantha Gannon
info at madeira-weekly.com