Sweden says it will revoke a tax agreement signed with Portugal in 2019 that enabled it to start taxing Swedish retired citizens who have moved to the country in recent years. Portugal and Sweden [...]
Portugal’s Non Habitual Tax Resident (NHR) tax regime, which offers attractive tax benefits to overseas relocators, saw a 22% fall in applicants on 2019. Created in 2009, it has accumulated [...]
Have you ever thought about operating a business in a place that enjoys over 3000 hours of sunshine each year? What about making a deal on the green of any one of the 40 award-winning golf [...]
The Portuguese government has decided to extend the number of tax payers whose income tax statements are now pre-completed by automatic assessment. After the rollout was put on ice in 2020 [...]
The Portuguese Government’s tax revenues for 2020 fell to their lowest levels since 2012. Portugal’s Council of Public Finances (CFP) analysed the nation’s public accounts between January and [...]
The Organisation for Economic Cooperation and Development (OECD) estimates that the tax burden in Portugal stands at 34.8%, the same rate as in 2018 when it reached a historic maximum. The latest [...]
Madeira is at the centre of an EU storm over a tax incentive package, with the European Commission claiming that thousands of companies had unduly benefited from tax reductions on activities that [...]
In 2019 tax and social security payments dropped to 36.8% of GDP in Portugal compared to 37.0% in 2018 says Jornal Económico. According to information from the European statistics office [...]
Portuguese state coffers have lost nearly €600 million in corporation tax revenues because of multinationals operating in Portugal reporting their profits in both onshore and offshore tax havens. [...]
Portugal’s tax rates are the highest in the country’s history according to a top business executive. “Portugal’s tax burden is huge and too high” says Manuel Violas. “The problem is that tax [...]
