Directors’ fees, attendance fees and other similar payments derived by a resident of a Contracting State in his capacity as a member of the board of directors or of the supervisory board (conselho fiscal) of a company which is a resident of the other Contracting State may be taxed in that other State, provided that such remuneration is determined and paid by the company by reason of his participation in the activities of the board of directors or supervisory board. Otherwise, the provisions of Article 15 shall apply.
As percentagens, senhas de presença e remunerações similares obtidas por um residente de um Estado Contratante na qualidade de membro do conselho de administração ou do conselho fiscal de uma sociedade residente do outro Estado Contratante podem ser tributadas nesse outro Estado, desde que tais remunerações sejam determinadas e pagas pela sociedade em virtude da sua participação nas actividades do conselho de administração ou fiscal. Caso contrário, são aplicáveis as disposições do artigo 15.º
Covers both the board of directors (conselho de administração) and the supervisory board (conselho fiscal).
We apply tax treaties to dividends, interest, royalties, salaries and gains, prepare the relief-at-source form and refund claims, and check structures against the treaty’s anti-abuse rules. A written answer and a fixed quote within one working day.
Unofficial English translation prepared by BCA Portugal for reference. The Convention was done in Portuguese and Spanish and only those texts are authentic. The Portuguese text is reproduced from the official publication. Editorial notes are ours and are not part of the Convention.