Other Taxes


Extraordinary Levy on the Energy Sector

The Extraordinary Levy on the Energy Sector (“Contribuição extraordinária sobre o setor energético” or “CESE”) is maintained in 2024, being amended as follows:

  • CESE applies to raw petroleum and petroleum products transport operators that are part of economic groups of operators refining or storing crude oil or petroleum products.

  • For the purposes of the computation of CESE, assets do not include those the Portuguese environmental agency (“Agência Portuguesa do Ambiente, I.P.” or “APA”) qualifies in certain categories of environmental impacts, under the european regime to promote sustainable investment, regarding assets acquired from January, 2024 onwards.

Levy on lightweight plastic bags

Lightweight plastic bags shall be taxed at EUR 0.04, per bag, in Portugal mainland, due by the ultimate buyer.

This will include bags acquired on the sale of bakery products and fresh fruits and vegetables.

Levy on single use plastic packages

Article 320 of Law 75-B/2020, of 31 December (2021 State Budget Law) and Decree 331-E/2021, of 31 December, is revoked in what concerns the levy on single use packages made of plastic, aluminium or a mix of plastic and aluminium. A broader levy is due in single use packages, including composed packages:

  • on take away;
  • home delivery; and
  • to store meals ready for consumption in the place of supply to the final consumer.

The levy is set at EUR 0.10 per package in Portugal mainland, and can be passed along the economic chain. However the final charge levy to the final consumer cannot be less than EUR 0.30 per package.

The packages fully recyclable, in monomaterial and incorporating, on average, at least 25% recycled materials, are exempt of this levy.

This is disallowed in the case of single use packages:

  • that store meals ready for consumption but whose storage did not occur in the sales point;

  • made available in the supply of non sedentary restoration activities; and

  • made available in vending machines.

Audiovisual levy

There is no update on the monthly amounts of the audiovisual levy.

Bank levy

The bank levy is maintained.

Solidarity surcharge for the banking sector

The solidarity surcharge for the banking sector ("Adicional de Solidariedade Sobre o Setor Bancário") is maintained.

Pharmaceutical industry levy

The extraordinary pharmaceutical industry levy is maintained.

Extraordinary levy on suppliers of medical devices to the national health system

The extraordinary levy on suppliers of medical devices to the national health system is maintained. 

Transitional provisions relating to tax obligations 

Valuation of inventories

All taxpayers are exempt from the obligation to value inventories for the tax period beginning on or after 1 January 2023. Taxable persons who are not required to maintain a permanent inventory are also exempt from said obligation for the tax period beginning on or after 1 January 2024.


Invoices in PDF files

Invoices in PDF files will be accepted until 31 December 2024, and these will be considered electronic invoices for all purposes provided for in tax legislation.

Accounting SAF-T (PT) file

The submission of the SAF-T (PT) file relating to accounting will be applicable to the 2025 and subsequent periods, to be delivered in 2026 or subsequent periods.

General Waste Management Regime - Printing of invoices and other fiscally relevant documents

The prohibition on the printing and systematic distribution of receipts, provided for in the General Waste Management Regime, does not affect the printing of invoices and other fiscally relevant documents.

Stamp Tax

Fixing of installments on housing credit

An exemption will be established for the tax levied on facts set out in Item 17.1 of the general table (use of credit) within the scope of operations to temporarily fix the installment and capitalize deferred amounts in the value of the housing credit. This measure applies to facts that occur as from the date of entry into force of the law establishing the fixation of benefits.

Banco Português de Fomento

The current exemption applicable to acts, contracts and operations in which the European Union institutions and the European Investment Bank are participants or recipients, will also include Banco Português de Fomento.

Free transfers not subject to Stamp Tax

Although the exemption for donations and inheritance between spouses or civil partners, descendants and ascendants is maintained, it is established that donations up to the amount of EUR 5,000 between them are not subject to Stamp Tax, which, in practice, means that there is no longer an obligation to declare such donations to the Portuguese Tax Administration (previously, all donations exceeding €500, except in cash, had to be declared).

Subjective exemption of the State 

In addition to the general subjective exemption of the State, an exemption is established for operations carried out through Direção-Geral de Tesouro e Finanças, regardless of the holder of the tax burden.


Contact us

Rosa Areias

Rosa Areias

Tax Lead Partner | Entrepreneurial & Private Business Leader | Membro da Comissão Executiva, PwC Portugal

Tel: +351 225 433 101