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.