Investors who invest in projects (Daslending) with a promoter based in Portugal are subject to the following tax retention rates.
Individual Investor:
Resident in the continent: 28%
Resident in Madeira: 19.6%
Organizational Investor:
Resident in the continent: 25%
Resident in Azores: 17.5%
These rates are automatically retained from the earned interest and subsequently declared to the Portuguese Tax Authorities.
Please note that the applicable taxation is only retained for projects whose promoters are based in Portugal. For all other projects, the investors are responsible for declaring their returns to the tax authorities of their respective countries of residence.
If you need further clarification, please get in touch with us at support@daskapital.eu.