If you live in a foreign country or are travelling when tax payments become due, there are two ways to meet your tax obligations: 1) direct debit or 2) bank transfer.
If you choose to use direct debit (standing order), you must first domicile the IBAN of the appropriate account with a bank located in a country of the Single Euro Payment Area (SEPA). The SEPA countries are the member states of the European Union, Andorra, Iceland, Liechtenstein, Monaco, Norway, San Marino, Switzerland and the Vatican City State.
This foreign bank account must also be registered and confirmed by the Portuguese tax authority (Autoridade Tributária e Aduaneira, or simply AT). You must record the account on the Portal das Finanças and send the original of the Entitlement Certificate to the Directorate of Taxpayers Registration to the following address: Direção de Serviços de Registo de Contribuintes (DSRC), Avenida João XXI, N.º 76 – 6º, 1049-065 Lisboa, Portugal
Direct debit payments do not incur any costs as opposed to international bank transfers that do. If you are paying via a bank transfer, provide your bank with the information below so that the bank can forward the essential information to the AT:
$ TIN: 600 084 779
$ Name of the creditor: Autoridade Tributária e Aduaneira
$ Bank account number: 83 69 27
$ IBAN: PT50 0781 0019 00000008369 27
$ Bank name: Agência de Gestão da Tesouraria e da Dívida Pública – IGCP, E.P.E.
$ Swift code: IGCPPTPL
$ Your tax identification number (NIF) contained in the payment document
$ Reference for payment: Each reference corresponds to a specific number for payment, which is set out in the document.
Please note: Each bank transfer requires its own documentation as opposed to standing orders that recur on a regular basis. The payment should be made at least two working days before the deadline.
Paying your Portuguese Property Tax (IMI)
To pay directly from your Portuguese bank account, follow these steps:
$ Open and log onto your Portuguese bank account;
$ Click on Payments;
$ Click on State – Pay to the State;
$ Enter the 15 digits of the Reference Number from the bottom left side of invoice;
$ Enter the Amount in Euros;
$ Enter 9 digits of the Fiscal Number (“NIB”) from the top left;
$ Click Next;
$ Verify the information and Pay;
$ Print your Receipt.
To pay from a foreign bank account:
Make a transfer from your overseas bank with the following information:
$ Your Portuguese fiscal number (NIF)
$ “Referência para Pagamento” – the reference number on your bill
To the following account:
Creditor’s name: Autoridade Tributaria e Aduaneira
Bank account number: 83 69 27
IBAN: PT500 781 00190 000000836927
Bank name: Institudo de Gestão da Tesouraria e do Credito Publico
SWIFT Code: IGCPPTPL
For further information, contact: Centro de Atendimento Telefónico (CAT) of the AT (Autoridade Tributária e Aduaneira) through the number +351 217 206 707, every working day from 9am to 7pm or contact the electronic service (e-balcão) on the Finanças Portal.
Dennis Swing Greene is chairman and International Tax Consultant for euroFINESCOs.a.
By Dennis Swing Greene
Dennis Swing Greene is Chairman and International Tax Consultant for euroFINESCO s.a.