The Portuguese Official Gazette Feb. 26 published Law No. 18/2025, authorizing amendments to the cash VAT regime, approved by Decree-Law No. 71/2013. The law includes a measure authorizing amendments to increase the turnover threshold to access the cash VAT regime to 2 million euros (US$2.1 million) from 500,000 euros (US$520,332), for VAT taxpayers who meet the other legal conditions. The authorization granted by the law is valid for 180 days. [Portugal, Official Gazette, 02/26/25]
Reference:
View Law No. 18/2025, Official Gazette No. 40/2025 Series I. View Law No. 18/2025 in PDF. View Gazette Index.
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