1. Whenever, for reasons attributable to the taxable person, the assessment is delayed or a refund higher than that due has been received, compensatory interest under Article 35 of the General Tax Law shall be added to the amount of the tax.
1 - Sempre que, por facto imputável ao sujeito passivo, for retardada a liquidação ou tenha sido recebido reembolso superior ao devido, acrescem ao montante do imposto juros compensatórios nos termos do artigo 35.º da lei geral tributária.
2. Whenever tax assessed by the tax services or charged by the taxable person is not paid by the end of the statutory time limits, late-payment interest shall be due under Article 44 of the General Tax Law.
2 - Sempre que o imposto liquidado pelos serviços ou pelo sujeito passivo não seja pago até ao termo dos prazos legais estabelecidos, são devidos juros de mora nos termos do artigo 44.º da lei geral tributária.
Compensatory interest (Article 35 of the General Tax Law) applies to delayed assessment or excess refunds attributable to the taxable person, and late-payment interest (Article 44 of the General Tax Law) to tax not paid by the statutory deadlines.
We register foreign-owned companies for VAT, set up invoicing, file periodic returns and recapitulative statements, and check place-of-supply and exemption positions, 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.