Moving to Portugal news – Here are the Tax changes for Australians who immigrate to Portugal and the list of Tax Treaties signed by Portugal as at December 2023:
Australians who live in Portugal will now be subject to tax changes since Portugal has just signed a Tax Treaty with Australia to eliminate double taxation as well as tax fraud and evasion.
The first Tax Treaty between Portugal and Australia has just been signed to establish a clear legal framework based on OECD standards and procedures for exchanging tax information between the two countries. The new Portugal-Australia Tax Treaty includes provisions for investors and multinationals such as Base Erosion and Profit Shifting (BEPS).
Here is the list of Tax Treaties signed by Portugal as at December 2023:
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