The Cyprus and Portugal signed a double taxation agreement and this agreement will become effective from January 1, 2014, after the entry into force of the agreement on August 16, 2013.

The Cyprus Council of Ministers and the Ministry of Finance announced a series of economic measures on 30 September
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The Cyprus Taxation Department, in a release on 2 October 2026, announced a temporary reduction in value-added tax on
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Portugal’s Tax and Customs Authority has opened the electronic submission service for Form 64 – Settlement
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Portugal's Council of Ministers, chaired by the Prime Minister, approved Bill No. 108/XVII/2.ª on 17 September 2026,
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The Cyprus Council of Ministers approved the Budget Bill for the year 2027 and the Medium-Term Fiscal Framework (MTFF)
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The Cyprus Council of Ministers approved a proposal from the Ministry of Finance on 10 September 2026 to extend the
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