1. Personal income tax (IRS) is levied on the annual amount of income in the following categories, even where derived from unlawful acts, after the corresponding deductions and allowances have been made:
1 - O imposto sobre o rendimento das pessoas singulares (IRS) incide sobre o valor anual dos rendimentos das categorias seguintes, mesmo quando provenientes de atos ilícitos, depois de efetuadas as correspondentes deduções e abatimentos:
Category B – Business and professional income;
Categoria B - Rendimentos empresariais e profissionais;
2. Income, whether in cash or in kind, is subject to taxation irrespective of the place where it is obtained and of the currency and form in which it is received.
2 - Os rendimentos, quer em dinheiro quer em espécie, ficam sujeitos a tributação, seja qual for o local onde se obtenham, a moeda e a forma por que sejam auferidos.
The six income categories (A, B, E, F, G and H), the inclusion of income from unlawful acts and the taxation of income in cash or in kind wherever obtained are retained.
We prepare IRS returns for residents and non-residents, set up withholding for employers, and model salary versus dividends for company owners, 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.