On 2 February 2023, Portugal published Notice No. 4/2023 in the Official Gazette, announcing that the income tax treaty with Timor-Leste entered into force on 12 October 2022. The treaty, signed 27 September 2011, is the first of its kind between the two countries.
Taxes Covered
The treaty covers Portuguese personal and corporate income taxes and surtaxes on corporate income. It covers Timor-Leste income tax, wage tax, and withholding tax.
Service PE
The treaty includes the provision …