As part of the business support measures following the Covid-19 crisis, the Portuguese government published an order on 16 July 2020 in order to extend the deadline for the submission of the Annual Accounting and Tax Information return (IES/DA) for 2019 including the Annual electronic VAT ledgers for 2019. As a consequence, the deadline for the submission has been extended until 15 September 2020 instead of 7 August 2020 without any fees or penalties. Source: Autoridade Tributària e Aduaneira – (Pdf in Portuguese)

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Temporary storage facilities: secure and efficient customs formalities in the EU
Within the European Union, goods from outside the EU must undergo customs formalities before they are allowed to enter. The Temporary Storage Facility allows imported…