International Double Taxation In Portugal - Update

Author:Mr Rogério Fernandes Ferreira, Mónica Respício Gonçalves and José Calejo Guerra
Profession:RFF & Associados

On 15 January 2014 the Ministry of Foreign Affairs issued Notices no. 9/2014 and 11/2014, thus publicizing the exchange of ratification documents relating, respectively, to the Protocol to the Double Tax Treaty entered into with Singapore and to the Double Tax Treaty entered into with Kuwait.

International double taxation constitutes an obstacle to commercial relations and the free movement of goods, services, people and capital. The need to eliminate it has become even more decisive in the current economic and international context dominated as it is by new technologies, internet and globalization.

By regulating the rights of the countries to levy their taxes on a cross-border situation, countries are able to avoid income and capital shifting phenomena, thus...

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