KM Financial Solutions | Portugal bank deposits over 50,000 euros to be flagged to taxman
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Portugal bank deposits over 50,000 euros to be flagged to taxman

Portugal bank deposits over 50,000 euros to be flagged to taxman

LISBON, May 10 (Reuters) – The Portuguese government issued
a decree on Thursday giving tax authorities automatic access to
bank account balances in excess of 50,000 euros ($59,455) as
part of a drive against tax evasion and money laundering.

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