The 2015 State Budget introduces the obligation to report to the Portuguese Tax Authority the company inventory.

This new obligation applies to companies with head office, permanent establishment or tax residence in Portugal, with organized accounts and that are already subject to the obligation to prepare an inventory. However, it is not applicable to companies whose turnover does not exceed 100,000.00 EUR.

The communication should be done until January 31, by electronic data transmission, regarding the existing inventory on the last day of the previous year.

Find more information on technical issues in the Portuguese Tax Authority website: Link.