Taxman: New law prohibits cash payments over €3,000 – Portugal
31 August 2017
Portuguese President Marcelo Rebelo de Sousa promulgated a law prohibiting cash payments of more than €3,000 (USD$3,544) for residents and €10,000 (or the equivalent in foreign currency), for non-residents. The €10,000 limit for non-residents only applies to payments between individuals, excluding entrepreneurs or traders. The new law seeks to increase electronic payments easily traceable for […]












