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Finance

Financial markets, banking, investment, and economic policy news from Portugal.

IT Glitch at Tax Authority Bounces IRS Refund Transfers — AT Falls Back on Paper Cheques as Normalisation Expected Next Week

IT Glitch at Tax Authority Bounces IRS Refund Transfers — AT Falls Back on Paper Cheques as Normalisation Expected Next Week

A file-processing error at Portugal's Tax Authority carried an incorrect date on IRS refund orders, triggering bank rejections even for pre-validated IBANs. AT is issuing paper cheques as a stopgap and says normalisation is expected within a week — during peak refund season.

Filing Your IRS Tax Return in Portugal: Deadlines, Tax Brackets, Deductions, and a Step-by-Step Guide for 2026

Filing Your IRS Tax Return in Portugal: Deadlines, Tax Brackets, Deductions, and a Step-by-Step Guide for 2026

Tax season in Portugal runs from 1 April to 30 June. Here is everything expats need to know about filing their IRS return for 2026 — deadlines, tax brackets, deductions, and a step-by-step guide to the Portal das Finanças.

Government Revives Commercial Paper to Slash Red Tape — Companies Can Now Bypass Banks for Short-Term Funding

Portugal's Council of Ministers has approved a sweeping reform of commercial paper rules, eliminating the need for bank intermediaries, CMVM pre-approval, and formal prospectuses — opening a direct path for companies to raise short-term funding on the capital market.