Country: Portugal

Portugal vs A S.A., October 2019, Tribunal Arbitral Coletivo, Case No 511/2018-T

Company A is a Portuguese company in Group G (with an Indian parent) engaged in the production and sale of footwear and fashion accessories. Company C and Company D are also subsidiaries of the Group. Company A sold raw materials and goods to Company C and Company D, but also to unrelated parties. Company A had determined the pricing of the controlled transactions using the TNMM. External comparables were found using a commercial database. The […]

Portugal vs Galeria Parque Nascente-Exploração de Espaços Comerciais SA, July 2019, ECJ Case C-438/18


The Portuguese Tribunal Arbitral Tributário (Centro de Arbitragem Administrativa) requested a preliminary ruling from the European Court of Justice. The request related to the common system of taxation applicable to mergers, divisions, partial divisions, transfers of assets and exchanges of shares concerning companies of different Member States — Directive 90/434/EEC — Articles 4 and 11 — Directive 2009/133/EC — Articles 4 and 15 — So-called ‘reverse’ merger In the event of a ‘reverse’ merger, costs […]

Portugal vs “Cork Portugal SA”, May 2016, Collective Arbitration Tribunal, Case No 609/2015-T


“Cork Portugal SA” is engaged in the production and marketing of natural wine corks and is part of a Multinational group operating in the sector of closures for the wine industry. The Portuguese tax administration issued an adjustment of EUR 337,493.97 to the taxable income for 2010 on the basis that, its sales of cork to a related company in the US – via an Irish trading company B within the group – had not […]

Portugal vs. Cash Corp, December 2012, Tribunal Case no 55/2012-T


This case concerned the 2008 tax year, and the tax-payer was a company resident and incorporated in Portugal and a 100 percent subsidiary of a German company. The tax authorities assessed substantial corporate income tax because of a tax audit. The company claimed that the tax assessment violated the Portuguese transfer pricing regime because the tax authorities assumed that the company had provided a guarantee to its parent company, a related entity. However, according to […]