The General Tax Administration (AGT) published a press release, on January 5th, 2021 that aims to inform that the taxpayers on the list published on the official website of the AGT, were officially included in the standard VAT regime.
As such, these entities shall comply with all tax obligations related to this regime as from January 11, 2021.
AGT also urges taxpayers with an annual turnover higher than AKZ 350,000,000.00, which are not included in the published list, to submit the Declaration of Start of Activity for its inclusion in the standard VAT regime.
© 2021 PwC. This communication is of an informative nature and intended for general purposes only. It does not address any particular person or entity nor does it relate to any specific situation or circumstance. PricewaterhouseCoopers Tax Services TLS, Lda. We will not accept any responsibility arising from reliance on information hereby transmitted, which is not intended to be a substitute for specific professional business advice.