1. The criteria adopted for the measurement of inventories must be applied consistently in successive tax periods.
1 - Os critérios adotados para a mensuração dos inventários devem ser uniformemente seguidos nos sucessivos períodos de tributação.
2. Those criteria may, however, be changed where the change is justified on economic or technical grounds and is accepted by the Tax and Customs Authority.
2 - Podem, no entanto, verificar-se mudanças dos referidos critérios sempre que as mesmas se justifiquem por razões de natureza económica ou técnica e sejam aceites pela Autoridade Tributária e Aduaneira.
The consistency requirement and the two cumulative conditions for a change (economic or technical justification and acceptance by the AT) are retained.
We prepare IRC returns, check participation-exemption, transfer-pricing and interest-limitation positions, and structure Portuguese holdings and branches, in English. A written answer and a fixed quote within one working day.
Unofficial English translation prepared by BCA Portugal for reference. Only the Portuguese text published in the Diário da República has legal force. Editorial notes are ours and are not part of the statute.