Key Documents
We welcome comments on draft legislation and explanatory materials that:
- introduce a new tax treaty between Australia and Portugal
- amend explanatory notes in the International Tax Agreements Act 1953.
The treaty supports bilateral trade and investment and reduces double taxation by:
- lowering withholding tax rates on cross‑border:
- interest
- dividends
- royalty payments
- implementing base erosion and profit shifting (BEPS) recommendations.
Australia and Portugal signed the treaty on 30 November 2023. The treaty will apply after both countries exchange instruments of ratification.
Responding
You can submit responses to this consultation up until 22 December 2024. Interested parties are invited to comment on this consultation.
While submissions may be lodged electronically or by post, electronic lodgement is preferred. For accessibility reasons, please submit responses sent via email in a Word or RTF format. An additional PDF version may also be submitted.
All information (including name and address details) contained in submissions will be made available to the public on the Treasury website unless you indicate that you would like all or part of your submission to remain in confidence. Automatically generated confidentiality statements in emails do not suffice for this purpose. Respondents who would like part of their submission to remain in confidence should provide this information marked as such in a separate attachment.
Legal requirements, such as those imposed by the Freedom of Information Act 1982, may affect the confidentiality of your submission.
View our submission guidelines for further information.
How To Respond
Post
Address written submissions to:
International Tax Branch
Corporate and International Tax Division
Treasury
Langton Cres
Parkes ACT 2600