Morais Leitão, Galvão Teles, Soares da Silva & Associados

On the 10th of January, the International Criminal Police Organisation (Interpol) announced the first publication of a Silver Notice, and, in the meantime, released its legal framework. The Silver Notice aims to locate and recover assets of illicit origin as a way of strengthening international police cooperation, in order to combat transnational organised crime.

On 24 March 2025, Decree-Laws nos. 33/2025, 34/2025, and 35/2025, were published, amending the VAT Code, the Special Regime for Second-hand Goods, Works of Art, Collectors’ Items and Antiques, the Cash Accounting Scheme, the VAT Regime for Intra-Community Transactions, and complementary legislation, and the Personal Income Tax Code (PIT).

Background Russia’s military aggression against Ukraine has marked the dramatic return of territorial conflict and high-intensity warfare on European soil. This structural change in the European security and defence and European geopolitics, has led European Union (EU) Member States to rethink their defence plans and capacities.