This report contains the 2014 “Phase 2: Implementation of the Standards in Practice” Global Forum review of Portugal.
The Global Forum on Transparency and Exchange of Information for Tax Purposes is the multilateral framework within which work in the area of tax transparency and exchange of information is carried out by over 120 jurisdictions which participate in the work of the Global Forum on an equal footing.
The Global Forum is charged with in-depth monitoring and peer review of the implementation of the standards of transparency and exchange of information for tax purposes. These standards are primarily reflected in the 2002 OECD Model Agreement on Exchange of Information on Tax Matters and its commentary, and in Article 26 of the OECD Model Tax Convention on Income and on Capital and its commentary as updated in 2004, which has been incorporated in the UN Model Tax Convention.
The standards provide for international exchange on request of foreseeably relevant information for the administration or enforcement of the domestic tax laws of a requesting party. “Fishing expeditions” are not authorised, but all foreseeably relevant information must be provided, including bank information and information held by fiduciaries, regardless of the existence of a domestic tax interest or the application of a dual criminality standard.
All members of the Global Forum, as well as jurisdictions identified by the Global Forum as relevant to its work, are being reviewed. This process is undertaken in two phases. Phase 1 reviews assess the quality of a jurisdiction’s legal and regulatory framework for the exchange of information, while Phase 2 reviews look at the practical implementation of that framework. Some Global Forum members are undergoing combined – Phase 1 plus Phase 2 – reviews. The ultimate goal is to help jurisdictions to effectively implement the international standards of transparency and exchange of information for tax purposes.
It has been a great honour to welcome President Cavaco Silva to the OECD – the first ever visit to the OECD by a Portuguese Head of State.
Following a bilateral meeting with Secretary-General Angel Gurría and a seminar on recent economic and social developments, President Cavaco Silva addressed the OECD Council.
English, PDF, 98kb
This country note from Going for Growth 2015 for Portugal identifies and assesses progress made on key reforms to boost long-term growth, improve competitiveness and productivity and create jobs.
Le nombre total d’étrangers au Portugal baisse régulièrement depuis 2009, tant en raison des effets de la crise économique qu’en raison de la naturalisation de la population étrangère.
This publication highlights new evidence on policies to support job creation, bringing together the latest research on labour market, entrepreneurship and local economic development policy to help governments support job creation in the recovery. It also includes a set of country pages featuring, among other things, new data on skills supply and demand at the level of smaller OECD regions (TL3).
Mr. Angel Gurría, Secretary-General of the OECD, will be in Lisbon on Monday 27 October 2014 to present the 2014 OECD Economic Survey of Portugal.
Des réformes de fond ont contribué à remettre l’économie portugaise sur les rails même s’il faudra, pour que la reprise soit durable, introduire d’autres mesures destinées à renforcer la compétitivité à l’exportation, créer des emplois et garantir une protection sociale aux plus démunis, selon la dernière Étude économique de l’OCDE sur le Portugal.
Portugal is recovering, with important reforms now bearing fruit. Fiscal consolidation has made Portugal’s public finances stronger. Portugal has gained access to market funding at lower rates than most of us would have imagined two years ago. Despite many improvements, Portugal’s recovery remains a work in progress.
Une évaluation des écosystèmes est un processus social visant à estimer les résultats de la recherche scientifique sur les causes des changements subis par les écosystèmes, leurs conséquences pour le bien-être humain, ainsi que les lignes d’action ou options de gestion possibles.