In the cases provided for in Article 12(2), the tax is assessed on the value stated in the deed or contract, the assessment being corrected ex officio, where applicable, as soon as the value resulting from the valuation, to be carried out under the Municipal Property Tax Code (CIMI), becomes final.
Nos casos previstos no n.º 2 do artigo 12.º, o imposto é liquidado sobre o valor constante do acto ou contrato, corrigindo-se oficiosamente a liquidação, sendo caso disso, logo que o valor da avaliação, a efectuar nos termos do CIMI, se torne definitivo.
The cross-reference to Article 12(2), assessment on the value stated in the deed or contract, and ex officio correction once the CIMI valuation becomes final are retained.
We calculate IMT and stamp duty before you sign, check exemptions and the rate that applies to your buyer structure, and handle the property side of company and holding set-ups, 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.