| Code |
Mention appearing on the invoice |
Applicable standard |
| M01 |
Article 16.º n.º 6 of CIVA (or similar) |
Article 16.º n.º 6 paragraphs a) to d) of CIVA |
| M02 |
Article 6.º of Decree-Law n.º 198/90, of June 19th |
Article 6.º of Decree-Law n.º 198/90, of June 19th |
| M04 |
Exempt Article 13.º CIVA (or similar) |
Article 13.º from CIVA |
| M05 |
Exempt Article 14.º CIVA (or similar) |
Article 14.º from CIVA |
| M06 |
Exempt Article 15.º of CIVA (or similar |
Article 15.º from CIVA |
| M07 |
Exempt Article 9.º of CIVA (or similar) A |
Article 9.º from CIVA |
| M09 |
ICMS - does not grant the right to deduction |
Article 60.º CIVA; Article 72. º n.º 4 of CIVA |
| M10 |
VAT – Exemption regime |
Article 53. ºof CIVA |
| M11 |
Private tobacco regime |
Decree-Law n.º 346/85, of August 23 |
| M12 |
Profit margin regime – Travel agencies |
Decree-Law n.º 221/85, of July 3 |
| M13 |
Profit margin regime – Second-hand goods |
Decree-Law n.º 199/96, of October 18th |
| M14 |
Profit margin regime – Art objects |
Decree-Law n.º 199/96, of October 18th |
| M15 |
Profit margin regime – Collectibles and antiques |
Decree-Law n.º 199/96, of October 18th |
| M16 |
Exempt Article 14.º from RITI (or similar) |
Article 14.º by RITI |
| M19 |
Other exemptions |
Temporary exemptions determined in specific diploma |
| M20 |
ICMS - flat-rate regime |
Article 59.º-D no.º2 of CIVA |
| M21 |
VAT – does not confer the right to deduction (or similar expression) |
Article 72.º n.º 4 of CIVA |
| M25 |
Goods for sale consignment |
Article 38.º n.º 1 paragraph a) of CIVA |
| M26 |
Exemption from ICMS with the right to deduction from the basic food basket |
Law n.º 17/2023, April 14th |
| M30 |
ICMS - self-assessment |
Article 2.º n.º 1 paragraph i) of CIVA |
| M31 |
ICMS - self-assessment |
Article 2.º n.º 1 paragraph j) of CIVA |
| M32 |
ICMS - self-assessment |
Article 2.º n.º 1 paragraph l) of CIVA |
| M33 |
ICMS - self-assessment |
Article 2.º n.º 1 paragraph m) of CIVA |
| M34 |
ICMS - self-assessment |
Article 2.º n.º 1 paragraph n) of CIVA |
| M40 |
ICMS - self-assessment |
Article 6.º n.º 6 paragraph a) of CIVA, otherwise |
| M41 |
ICMS - self-assessment |
Article 8.º n.º 3 by RITI |
| M42 |
ICMS - self-assessment |
Decree-Law n.º 21/2007, January 29th |
| M43 |
ICMS - self-assessment |
Decree-Law n.º 362/99, of September 16th |
| M99 |
No subject; not taxed (or similar) |
Other situations of non-payment of tax (Examples: article 2.º, no. 2; article 3.º, no. 4, 6 and 7; article 4 .º, n.º 5, all from CIVA) |
