Home » Posts tagged 'regulation'
Tag Archives: regulation
Two-year moratorium on new AL changes
Several new regulations mandated in the latest Local Lodging review permit a two-year abeyance in enforcement to existing units where an “AL” activity has already been approved. This extended implementation period applies in the following situations:
- Condominium charges can increase by up to 30% when justified by collective encroachment;
- Multi-risk insurance and liability coverage is required for all Local Lodging operators;
- The entrance to a Local Lodging unit must have an “AL” identification plaque;
- Expenses for construction work carried out in common areas to adapt or license a property under “AL” are to be borne by the owner of the Local Lodging unit.
Other alterations to legal requirements in the most recent legislation come into effect in early October (two months following ratification).
Tax Evasion in Portugal
A research group of the University of Porto found that tax evasion in the country seems to be based on the perception that direct, indirect and Social Security contributions are too high on the citizens’ wallets and businesses. Taxpayers also bemoan the bureaucracy and its complexity of regulation. In general, authorities are not perceived to be credible.
