NOT RESIDENT
National Stocks
Dividends
The income from capital obtained in Portugal by non-residents paid by national entities is subject to deduction at source, with a withholding tax of 28%.
However, there is no obligation to make this deduction if, by virtue of an agreement to avoid the double taxation that Portugal has celebrated, the competence to tax income received by a resident of the other contracting State is not attributed to the source State or only to a limited extent.
In this case, the non-resident must prove to the withholding agent that the conditions of the DTA have been met, by submitting Template 21-RFI.