Portugese circulation tax

[syfuga]

The previous thread has disappeared, but the tax seems real enough. Watch out people with large engines...

www.syfuga.co.uk/circtax.htm

 

[snowleopard]

an interesting situation. it sounds as though there will be a mass exodus from portugal to spain during june!

i don't know exactly what 'tonelados' means but it gives an interesting problem for those of us on the SSR that gives no tonnage measurement.

 

[Swagman]

Thanks John for the update and info.
I'll be in Lagos in June so will now keep my eyes peeled for the fiscals.....................
JOHN

 

[david36]

John,

Thanks for the update. I almost understand the formula!

The big problem last year was that unless you were "resident" in Portugal and had a Fiscal number for paying taxes there was no way that you could actually pay the ****** tax. When this was pointed out to the booted brigade with the Swiss Admiral uniforms/badges, the reply was to the effect that it was the boatowners problem but that failure to pay would result ulimately in seizure of boat etc etc. I don't know if any boats were siezed after last year's effort. Any word on how this catch 22 will be fixed this year?

By the way, acquiring a fiscal number as a tax resident probably leaves you liable for Portugese income tax on your worldwide income - so not to be rushed into lightly!!!!

 

[syfuga]

Further update, this years rates are at:
http://www.millenniumbcp.pt/site/conteudos/60/6040/604035/article.jhtml?articleID=2374