Portuguese Personal Income Tax 2023; Who is obliged to file a tax return in Portugal? Which are the deadlines?
The obligation to file a Portuguese Personal Income Tax return regarding Fiscal Year 2023 starts on April 1st, 2024, and will end on June 30th, 2024, which will be the last day to submit it through the website of the Portuguese Tax Authorities.
The obligation to submit the referred tax return applies to all taxable persons (individuals) who are registered as residents in Portugal, for tax purposes, and are not exempt of said obligation based on the amount or nature of their income.
Additionally, foreign citizens or nationals residing abroad may also be subject to this tax obligation, if they have obtained income in Portugal, during Fiscal Year 2023. In some cases, when the income is liable to flat tax rates, such as interest, no filling obligation arises in Portugal, but in other cases, such as when non-residents obtain capital gains from the sale of real estate in Portugal. On this regard, it should be noted that the Portuguese Tax Authorities has information on transactions involving the transfer of real estate located in Portugal and, therefore, if a non-resident does not declare the income obtained in Portugal, a notification to file a tax return will be issued, and penalties will be imposed. Even if no profit arises from the sale, the obligation to file a personal income tax return remains applicable.
Considering all the above, the Tax Department of Belzuz Abogados, in Portugal, is available to assist you in the preparation and filing of your Portuguese tax return, as well as in the filing of any tax administrative / judicial / arbitral claim or appeal.
