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The Ministry of Finance has its origins on the Comptrollerships of the Exchequer ( vedorias da Fazenda) created in the 14th century to run the State's financial affairs. After 1584, the comptrollerships are replaced by the Council of the Court of the Exchequer ( Conselho do Tribunal da Fazenda ). In 1761, the Royal Treasury ( Erário Régio) is ...
Taxes in Portugal are levied by both the national and regional governments of Portugal. Tax revenue in Portugal stood at 34.9% of GDP in 2018. [1] The most important revenue sources include the income tax, social security contributions, corporate tax and the value added tax, which are all applied at the national level.
The Portuguese Tax Code foresees aggravated withholding tax, 35% tax rate, on capital income (interests and dividends) deriving from black listed jurisdictions and an aggravated municipal property tax of 7% on property owned by entities located in said jurisdiction. Portugal's "blacklist" is defined by decree issued by the Minister of Finance ...
Non-Habitual Resident. The tax regime for non-habitual residents (commonly known as NHR s or NHR Tax Regime ), formally known as non-regular residents, was created with the approval of the Investment Tax Code, approved by Decree-Law n. 249/2009, of 23 September. It change the rules of the Portuguese Personal Income Tax, by granting a set of tax ...
The Internal Revenue Service ( IRS) is the revenue service for the United States federal government, which is responsible for collecting U.S. federal taxes and administering the Internal Revenue Code, the main body of the federal statutory tax law. It is an agency of the Department of the Treasury and led by the Commissioner of Internal Revenue ...
Minister responsible. Santina Viegas Cardoso, Minister of Finance. Website. Ministry of Finance. Agency ID. MOF. Ministry logo. The Timor-Leste Ministry of Finance ( MOF; Portuguese: Ministério das Finanças, Tetum: Ministeriu Finansas) is the government department of East Timor accountable for the government budget and public finances .
Ordem dos Técnicos Oficiais de Contas (OTOC) runs an admittance examination every four months and everyone that passes it becomes a Técnico Oficial de Contas (TOC), the authorized tax and accountancy practitioner in Portugal. OTOC, which is the largest Portuguese professional body, with more than 75,000 affiliates, offers a broad range of ...
A bank tax, or a bank levy, is a tax on banks which was discussed in the context of the financial crisis of 2007–08. The bank tax is levied on the capital at risk of financial institutions, excluding federally insured deposits, with the aim of discouraging banks from taking unnecessary risks. The bank tax is levied on a limited number of ...
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