IRS 2021 – Procedures 1-7 – nº 7: Taxable Income Until June 30, taxpayers with an obligation to submit the IRS declaration must do so through the Internet. To submit the declaration, you must have an authentication password, sent by the Finance Department. It is the combination of the password…
Posts tagged as “procedures”
IRS 2020 – Procedures 1-7 – nº 6: Filing Status Single, widowed and divorced taxpayers submit an individual return. Couples should also file an individual declaration but may elect to report jointly. Separated couples who are not divorced should each file singly. This is usually advisable since both spouses are…
IRS 2021 – Procedures 1-7 nº 5: Automatic “IRS” Reporting The Portuguese Tax Authority (“AT”) is making available Automatic “IRS” Reporting to millions of taxpayers in Portugal. The change is part of “Simplex”, a programme designed to reduce bureaucracy at all levels of government. The move has similarities to “PAYE”…
Do you live here more than 183 days per year? Then you have to deliver a tax declaration to the Tax Office. Here is how this is done, in seven parts (one coming out every week): IRS 2020 – Procedures 1-7– nº 3: Non-Habitual Residents Regime for Non-Habitual Residents The…
Individual Taxable Income Declarations may be submitted in person at the local tax office (“Repartição de Finanças”), by post or over the internet. In all cases, the central reporting form, Modelo 3, should be used accompanied by the appropriate annexes for each category of income received. Net taxable income is…
Residents Countries increasingly challenge former residents who attempt to move to another. Although the rules vary, most states define a “resident” as an individual who is in the state for other than a temporary or transitory purpose. Countries consider a person’s “residence” or home to be the place of his…