Connect with us


Finance wants Revolut and N26 accounts to be declared on the IRS


Finance wants Revolut and N26 accounts to be declared on the IRS

Finance wants to tighten the siege to those who have Revolut and N26 accounts, forcing them to be declared on IRS. If they do not, taxpayers may have to pay fines or lose refunds if they are entitled.

If you have any of these accounts know where to report them.

Bank accounts opened abroad have to be declared in IRS under penalty of being able to be imposed fines or the loss of refunds, reveals the DN.

The news was advanced by a spokeswoman of the Ministry of Finance, stating that such accounts should be declared in Annex J that …

is intended to declare the income obtained outside Portuguese territory by residents and to identify accounts of deposits or open securities in a non-resident financial institution in Portuguese territory

This annex must be completed by …

resident taxpayers when they or the dependents of the household in the year in which the declaration is made have obtained income outside Portuguese territory or are holders, beneficiaries or are authorized to operate deposit accounts or open securities in a financial institution not resident in Portuguese territory or in a branch located outside the Portuguese territory of a resident financial institution

Finance wants Revolut and N26 accounts to be declared on IRS

Accounts that have been opened abroad should be listed in Table 11 of the same annex.

The Revolut service is a digital alternative to traditional banking services. This service has no associated fees on payments, transfers, whether national or international or exchange rates.

fbq(‘init’, ‘1664527397186427’); // Insert your pixel ID here.
fbq(‘track’, ‘PageView’);
(function(d, s, id) {
var js, fjs = d.getElementsByTagName(s)[0];
if (d.getElementById(id)) return;
js = d.createElement(s); = id;
js.src = “”;
fjs.parentNode.insertBefore(js, fjs);
}(document, ‘script’, ‘facebook-jssdk’));

To Top

Log in

Forgot password?

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy