The payment of the applicable taxes takes place as described below:
Investors residing in Portugal who invest in projects whose promoter is headquartered in Portugal
Investors do not need to be concerned either with the tax payment or the declaration of income to the Portuguese tax authority as GoParity is responsible for tax retention and subsequent declaration. You can check the applicable tax rates here the applicable tax rate.
Investors residing in Portugal who invest in projects whose promoter is not headquartered in Portugal
The tax over earned interest from projects promoted by a non-Portuguese entity shall be paid as a capital return obtained in the promoter's country of fiscal residency. In this case, GoParity does not retain taxes, meaning the investor will be receiving the gross payment. The investor then has to include Annex J in the IRS declaration Modelo 3 in order to declare the income obtained abroad.
In all cases, at the beginning of each year, you will receive a declaration for the previous year containing all necessary details.
Do you reside outside of Portugal? Read more here.