Stamp Duty in Portugal

Stamp Duty 

In Portugal stamp duty - Imposto de Selo - is payable on a wide variety of deeds and contracts as well as donations, inheritances and financial transactions.  All purchases of residential property will attrct stamp duty at the going rate (currently 0.8%).

The stamp duty is payable by the person with the economic interest in the transaction - so the property purchaser, recipient of a donation or inheritance or the landlord in a letting contract.

Payment of the tax

Whenever an official entity is involved in the transaction they will levy the Imposto de Selo and remit it to the authorities.  In other cases the tax can be paid at any tax office as long as payment is made within 3 months of the transaction.