AT – Obligation to Report Inventories to the Tax Authority (AT) by January 31, 2024.

All taxpayers, whether individuals or entities, with headquarters, a permanent establishment, or tax residence in Portugal, who maintain organized accounting and are required to prepare an inventory, are obligated to report inventories. Entities subject to the simplified tax regime for IRS or IRC in the year to which the inventory refers (2023) are exempt from this obligation. It’s important to note that Non-Profit Sector Entities (ESNL) are also required to report inventory if they meet the aforementioned requirements.