We inform you that all prizes won have been loaded into the participants' personal accounts and that we started the payment of prizes last week.
So, please send the necessary documents to the email golden.race.algarve@gmail.com to make the payments, according to Regulation 2022
REGULATION
8- TAXES-The values mentioned in the Regulation include VAT at the rate in force, as long as applicable, and all prizes are in euros. According to the opinion of the Portuguese Tax Authority and Portuguese law, all participants / members living in Portugal who have received money from prizes, sales of pigeons or commissions, will be responsible for paying the IRS tax (25%), referring to these amounts, with retention for part of the AGR of this amount, which will then be sent to the Tax Authority, as required by law. Non-residents in Portugal are exempt from paying the tax, with no withholding (25%), and prizes will be paid in full, but winners need send to AGR email CERTIFICATE TAX RESIDENCE, or model 21-RFI stamped; if they do not present proof of residence out of Portugal, the AGR will have to deduct 25% from the prize money, and then send this money to the Portuguese Tax Authorit