TAX Updates
EA BriefFiscalTax
14 April, 2020Guidelines on Stam Duty regarding Exceptional Moratorium
Tax Circular no. 6/2020, of 6 April 2020, was published, which includes the Tax Administration position on the treatment, in terms of Stamp Duty, regarding the extensions and suspensions operated under the exceptional moratorium on credit protection introduced by Decree-Law No. 10-J / 2020, of 26 March.
The Thax Autorities state that the extensions and suspensions of credit operations referred to in Decree-Law no. 10-J/2020, of 26 March, should be treated as changes to the term of the contracts, with Stamp Duty due , which is levied on the borrowed initial capital, when the new term corresponds to a rate higher than that corresponding to the original term.
Order no. 4395/2020
Order no. 4395/2020, of 10 April, was published, which foresees complementary rules to Order No. 3485-C / 2020, of 17 March.
