Tag: Tax Matters
-
Tax Matters | THE MACAU SAR BUDGET FOR 2020
The Macau SAR Budget for 2020 was approved by Law 22/2019, published in the Official Gazette in December 31st, 2019 (the “2020 Budget”). Again, as is ... -
Tax Matters | Contracts for the Use of Shops in Shopping Centres – are they subject to Stamp Duty?
The Supreme Court (“TUI” – Tribunal de Última Instância) issued a decision on 16 October 2019 that resulted in a number of contracts for the use ... -
Tax Matters | The Service Charge – is it mandatory?
When you travel around the world and go to a restaurant, it is not unusual to find in the bill an additional 10 or 15% service ... -
Tax Matters | Updating the Macanese Tax Legislation
Generally speaking, the Macanese tax legislation is out of date. It is somewhat understandable that the Government does not feel the need to update the existing ... -
Tax Matters | Fighting erosion in taxable base and profit shifting
The RAEM government has recently discussed some amendments to the Corporate Income Tax Regulations (CITR, or Regulamento do Imposto Complementar de Rendimentos) and to the Regime ... -
Tax Matters | Tax measures against real estate speculation
Since 2011, the Macau government has adopted several measures against property speculation to improve the existing supply of housing, both for purchasing and rentals. Such measures ... -
Tax Matters | Tax-related issues in the Macau SAR 2019 budget
The Macau SAR Budget was approved by Law 19/2018, and was published in the Official Gazette on December 31, 2018 (the “2019 Budget”). As usual, it ... -
Tax Matters | The offshore revocation
It was recently made public that the Legislative Assembly of Macao just approved a bill (generally subject to further internal discussion) aiming at revoking the Macanese ... -
Tax Matters | The taxation of companies in Macau – worldwide or territorial basis? (cont.)
Our previous article about the taxable basis for the taxation of companies in the Macau territory made reference to the fact that the courts in Macau, ...
