Around 29,000 company bosses were called by the Portuguese tax authorities last year to give an account of when and how they were going to pay off hundreds of millions in due taxes. In many cases [...]
Transfers to offshore tax havens from Portugal increased by 10% in 2022 to €7.4Bn, with over one-third of these transfers going into Swiss banks. According to statistics from the Portuguese tax [...]
Inflation is providing a positive benefit for the government in terms of taxes and extraordinary contributions for State coffers. According to the Bank of Portugal, the Government should rake in [...]
Taxes on dividend payouts to shareholders in Portugal are the ninth highest from the OECD countries. IRS tax on dividends is set at 28% for individual investors, 23 percentage points below [...]
The tax levied on tourists by hotels and accommodation raised €21.4 million of which €13.6 million was from Lisbon. The amounts represent a 61% increase like-for-like on 2022 while they revenues [...]
Portugal is a tax heavy country, but not when it comes to inheritance and gifts, coming fourth from the bottom in a table of 22 Member States compiled by El Economista from data from the Tax [...]
The leader of Portugal’s centre-right CDS party Nuno Mello has a lot on his plate to resurrect the fortunes of his party of 50,000 party members. He has the populist far right party Chega nipping [...]
Portugal is riding the crest of a wave of investors, relocaters, tourists and business visitors from the United States. The reasons are legion and range from disenchantment with the political [...]
Socialist parties are usually known for taxing taxpayers to the hilt, but not in the case of Portugal’s governing PS socialist party which has pledged to make a major tax giveaway; perhaps the [...]
Portugal’s finances minister Fernando Medina has mooted that if government growth forecasts meet a 1.8% target, it might be able to reduce the tax burden by €400 million. The tax relief would be [...]
