tax alert

Form 54 submission deadline

Tax alert

Tax
5/27/2020
tax alert

We remind you that the deadline for submitting the Form 54 (communication of the entity that will fill in the CbC Report within the Group) is in progress.

 

The obligation to present this form is for entities resident in Portugal that are part of multinational groups and that present a total consolidated earnings equal to or greater than 750.000.000 euros, in the fiscal period immediately prior to the reporting period.

 

The Form 54 must be submitted electronically, through the Portuguese Tax Authority Portal (www.portaldasfinancas.gov.pt)until the last day of May (for taxable persons who adopt a fiscal period different from the calendar year, the Form 54 must be filled in until the last day of the 5th month following the date of the end of that period).

 

To clarify any question, do not hesitate to contact us.