No. If you are a tax resident in Portugal, you do not need to declare your Mangopay account or IBAN when filing your annual income tax return (IRS Modelo 3), as Mangopay – our payment service provider – is an electronic money institution.
Disclaimer:
This information is provided for general guidance purposes only and should not be considered as tax or legal advice. Taxation rules may vary based on individual circumstances, residency, and changes in legislation. Investors are encouraged to consult a qualified tax advisor or legal professional to ensure compliance with the applicable tax laws and to obtain advice tailored to their specific situation. Goparity cannot be held responsible for any errors, omissions, or consequences related to the use of this information.