Projects with Portuguese promoters (Daslending):
Interest is already subject to withholding tax by Daskapital, which reports the tax to the Tax Authority (Article 71 of the IRS Code). The taxes withheld should automatically appear on your annual income tax return.
If you choose to include your income from Daskapital with your overall income, you must declare it — in this case, use Annex E, Table 4B, code E20, on your annual income tax return.
Projects with promoters whose registered office is not in Portugal (Daslending):
There is no withholding tax on your income. You must declare your income on your annual income tax return, including Annex J to declare income earned abroad.
If your tax residence is not in Portugal, you must declare your income from Daskapital in your country of residence. You can consult the tax guide for your country of residence, provided by the Portuguese Tax Authority.
You will receive an annual statement with all your income and withholdings.
If you need further clarification, please get in touch with us at support@daskapital.eu.
