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Sovos Acquires PetaPilot and Saphety, Strengthening Global SAF-T and B2G e-Invoicing Capabilities, and Creating a Complete Compliance Solution for Portugal

Sovos Acquires PetaPilot and Saphety, Strengthening Global SAF-T and B2G e-Invoicing Capabilities, and Creating a Complete Compliance Solution for Portugal
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The importance of being registered as a Tax Resident in Portugal

The importance of being registered as a Tax Resident in Portugal
If you live in Portugal, it is likely to be in your interests to register as a tax resident – doing so will ensure that your worldwide income and capital gains are taxed in Portugal.
Understanding how to prove residency status to the Portuguese Tax Authority is not always straightforward, so, here in the Algarve, Blacktower Financial Management is on hand to help you ensure you are registered correctly.
In order to qualify for Portuguese tax residency, you will have to satisfy Finanças (Portuguese Tax Authorities) that you are resident in the country 183 days or more within the relevant 12-month period. However, you may still qualify for Portuguese residency even if you do not meet the 183 days test because you may still be deemed tax resident if you own a Portuguese property which is considered to be your ‘primary and permanent home’. ....

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