Portugal's Assistance State Secretary for Tax Affairs has issued Order No. 52/2021-XXII, which provides flexible VAT payment terms for the last monthly or quarterly VAT period of 2020 considering the effects of the COVID-19 pandemic. This includes that eligible taxpayers may pay the VAT due for the period in three or six monthly installments, interest-free, with each installment equal to at least EUR 25.00. Eligible taxpayers include micro, small and medium-sized companies, taxpayers whose main economic activity falls under the classification of accommodation, restaurant, and cultural activity and similar, and taxpayers that began activity on or after 1 January 2020....