Portugal’s Minster for the Economy has sacked Rita Marques, the Secretary of State for Tourism. Rita Marques has been dismissed over support she showed on social networks to statements made by [...]

A plan to increase taxes on alcoholic drinks such as beer could be catastrophic for Portugal’s beer sector at a time when the sector is already weakened not only because of war and inflation, but [...]

Capital gains tax on those holding securities between five and eight years will fall from 28% to 22% and will fall to 11% for those who make gains on shares and bonds they have held for more than [...]

The Mayor of Lisbon looks set to eliminate the IMT property tax for mostly first-time buyers who are under 35. Carlos Moedas will introduce the measure for properties valued up to €250,000 in [...]

The Portuguese government is to propose giving selective tax sweeteners to companies which up staff salaries. The move would link in with measures contemplated in the Wages and Competitiveness [...]

The president of Euronext Lisbon Isabel Ucha has argued that the government should focus on supporting people and companies that are actually in “genuine difficulty”. The lady who heads the [...]

Portugal’s Public Ministry has made the media, hotels and river cruise tycoon Mário Ferreira a legal suspect in the Operation Ferry case over the sale of the ship Atlântida. The case involves [...]

The Portuguese tax authorities have taken 20,000 debtors off its black list over the past two years, but nevertheless, the government is still owed a staggering €3.3Bn in unpaid taxes. The list [...]

Portugal’s new finance minister and ex-mayor of Lisbon, Fernando Medina, delivered the government’s State Budget for 2022 at the end of last week. The two new main takeaways are that because of [...]

The Portuguese national carrier TAP lost a 5% share in passengers at Lisbon’s Humberto Delgado airport in the last quarter of 2021 like-for-like on 2020. This is according to the quarterly [...]