Accounting and Tax Issues and the Portuguese Treatment of Intangibles with Indefinite Lives Following the Implementation of Directive (2013/34)

Journal
European Union; Portugal
Bulletin for International Taxation 2017 (Volume 71), No. 5
Following the accounting changes for intangibles introduced by Directive (2013/34), this article considers if Portuguese legislation merely transposes the Directive’s rules or goes beyond what is required. The author also focuses on the tax treatment of these intangibles and analyses the sources of divergence between book and tax rules.