1. In cases of tax substitution, Article 28 of the General Tax Law applies, without prejudice to the following paragraphs.
1 - Em caso de substituição tributária, é aplicável o artigo 28.º da lei geral tributária, sem prejuízo do disposto nos números seguintes.
4. In the case of income subject to withholding that has been neither recorded in the accounts nor notified as such to the relevant beneficiaries, the withholding agent is jointly and severally liable for the tax not withheld.
4 - Tratando-se de rendimentos sujeitos a retenção que não tenham sido contabilizados nem comunicados como tal aos respetivos beneficiários, o substituto assume responsabilidade solidária pelo imposto não retido.
The reference to Article 28 of the General Tax Law, the repeal of paragraphs 2 and 3, and the joint and several liability of the withholding agent and of securities issuers (Articles 101(3) and 120) 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.