Reduction In The Legal Charges For Tax Debts

• Published date: 25 September 2023
• Subject Matter: Tax, Tax Authorities
• Law Firm: PLMJ
• Author: Isaque Ramos, Renata Valenti and Ana Raquel Magalhaes

On 12 September 2023, the General Tax Administration (Administraç'o Geral Tribut'ria - "AGT") issued a statement announcing a reduction in the legal charges for tax debts.

According to the statement, taxpayers who have not paid their tax obligations on time will be able to voluntarily pay the tax until 31 December 2023, regardless of the stage of the tax debt settlement process.

Taxpayers must voluntarily express their wish to the AGT and pay the full amount of the tax within 15 days of the issue of the relevant assessment note, with a 50 per cent reduction in the fine and a 30 per cent...