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HMRC internal manual

Double Taxation Relief Manual

HM Revenue & Customs
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Double Taxation Relief Manual: Guidance by country: Portugal: Underlying Tax

Documents needed to support the underlying tax. The following pages from the company tax return (MODELO 22):

  • Page 1 Company identification and accounting period (Identificacao e Periodo De Tributacao)
  • Page 2 Profit and loss account (Demonstracao dos Resultados Liquidos)
  • Page 4 Calculation of corporate income tax (IRC) (Calculo do Imposto)
  • Page 7 Liabilities and retained earnings (Passivo e Situacao Liquida)

Legal Reserve Relevant profits are reduced by transfers to a legal reserve until the reserve reaches 20% of registered share capital.

Spared taxesCredit is available for spared taxes (see DT15605). Attach a copy of the certificate granting tax spared status and the relevant page(s) of the company’s tax computation showing the spared tax.