On 26 November 2021, the Portuguese Tax Administration (PTA) was published Ministerial Order No. 267/2021 which revises the regulations on the procedures for concluding Advance Pricing Agreements (APAs) in accordance with Article 138 of the Code of the IRC. The order also replaces the Ministerial Order No. 620-A/2008 of 16 July.
The ordinance outlines the general process for requesting an APA, the applicable time limits, and the criteria for terminating APA request negotiations or revoking an agreement already in force.Â
