Tax

Text: Chris Graeme Photo: Fernando Bento (ICPT) Low productivity is one of the main stumbling blocks to economic growth in Portugal according to Portugal’s Minister of Finances, Joaquim Miranda [...]

Portugal’s Minister of Finances in the current caretaker government, Joaquim Miranda Sarmento, says there is room for “ambitious IRS tax cuts” if it wins the forthcoming general election on May [...]

Tax revenues on capital gains in Portugal have fallen over the past two decades according to a European Commission quarterly report. The report has an entire section on the trends and [...]

Portugal’s Government saw a package with 30 tax simplification measures approved in its parliament on Thursday, according to business daily Jornal de Negócios. Most (80%) aim to reduce context [...]

Portugal’s banking sector, represented by the Portuguese Banking Association (APB), says it is against a proposed social security levy on company profits. The Portuguese government’s [...]

That Portugal’s tax system is overly bureaucratic, stratified, burdensome and downright complicated is bemoaned by overseas investors and Portuguese businesses alike. Nevertheless, despite [...]

Portugal is in 35th place out of the 38 OECD countries in the Tax Competitiveness Index for 2024, according to the Tax Foundation’s assessment, released in Portugal by the Mais Liberdade [...]

Portuguese residing abroad and returning to Portugal or foreigners who settle in the country, provided that they have never filed any income tax return here, will be able to benefit from the [...]

The offshore tax haven of the island of Madeira, in force since 1980, could lose one of its fiscal benefits from next year. The Portuguese government’s State Budget for 2025 could spell the end [...]

Portugal’s State Budget for 2025 has been delivered to parliament with the government caving in to the PS opposition to some extent on a tax cut for young people to 35 and on IRC corporation tax. [...]