I. EDITORIAL – BENEFICIAL OWNER REGISTRATION – EXTENSION OF THE DEADLINE April was a busy month for most of the Portuguese companies, due to the end of the deadline for the submission of the beneficial owner declaration, foreseen in the Central Register of Central Register of Beneficial Owners («Registo Central do Beneficiário Efetivo»), regarding legal entities subject to registration on the commercial register incorporated before 1 October 2018. However, in the last days of April, the deadline was postponed until June 30, 2019, without any penalties, as established in the Order issued by Secretary of State for Tax Affairs and the State Secretary of Justice. In April, we also highlight the publication of the Decree-Law No. 53/2019 of April 17 which establishes the concept of Dry Port and defines the rules, proceedings and dematerialisation necessary to its implantation. Regarding case-law, it is worth noting the Judgment of the Court of the European Union of 11 April 2019, in the Case-Law C-295/18, which addresses the issue of undue payment of the tax by the recipient of services to the suppliers on the basis of an invoice drawn up incorrectly according to the rules on ordinary taxation, and the tax authority’s decision … Read More