1. Tax benefits are measures of an exceptional nature introduced to protect relevant non-tax public interests that outweigh the interests served by the taxation they prevent.
1 - Consideram-se benefícios fiscais as medidas de carácter excepcional instituídas para tutela de interesses públicos extrafiscais relevantes que sejam superiores aos da própria tributação que impedem.
2. Tax benefits include exemptions, rate reductions, deductions from the taxable amount and from the tax charge (coleta), accelerated depreciation and amortisation, and other tax measures that have the characteristics set out in the preceding paragraph.
2 - São benefícios fiscais as isenções, as reduções de taxas, as deduções à matéria colectável e à colecta, as amortizações e reintegrações aceleradas e outras medidas fiscais que obedeçam às características enunciadas no número anterior.
3. Tax benefits are regarded as tax expenditure, which may be provided for in the State Budget or in an annexed document and, where appropriate, in the budgets of the Autonomous Regions and of local authorities.
3 - Os benefícios fiscais são considerados despesas fiscais, as quais podem ser previstas no Orçamento do Estado ou em documento anexo e, sendo caso disso, nos orçamentos das Regiões Autónomas e das autarquias locais.
4. For the purpose of controlling the tax expenditure inherent in the tax benefits granted, the persons concerned may be required to declare the exempt income received, except in the case of generic and automatic tax benefits, in which case the tax services may obtain the information needed for the overall calculation of the tax that would have been due.
4 - Para efeitos de controlo da despesa fiscal inerente aos benefícios fiscais concedidos, pode ser exigida aos interessados a declaração dos rendimentos isentos auferidos, salvo tratando-se de benefícios fiscais genéricos e automáticos, casos em que podem os serviços fiscais obter os elementos necessários ao cálculo global do imposto que seria devido.
The definition of tax benefit, the list of benefit types and the exception for generic and automatic benefits in paragraph 4 are retained.
We check eligibility for IFICI, the Madeira regime, the start-up and capitalisation incentives and the property benefits, prepare the registrations and claims, and model what the benefit is worth, 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.