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. [...]
Portuguese former celebrity banker, Sir António Horta-Osório says that the government should slash corporation tax for companies to help them become more competitive. António Horta Osório states [...]
The President of the Portuguese Industrial Federation (CIP) Armindo Monteiro says he is “perplexed” with the “political choreography” displayed by the governing PSD party and opposition PS party [...]
The Government has decided not to drop a tax cut for young people under 30 – IRS Jovem – proposed by the previous PS socialist government , but instead has suggested to the PS that [...]
Portuguese airline TAP has around €490 in past losses that are tax deductible, an amount that adds value to the company and will benefit the eventual shareholder when the carrier is privatised. [...]
Freelancers issuing independent worker tax receipts, nicknamed green receipts, will notice that changes have been made to the tax authority website. The function allowing for the issue of green [...]
Tax expenditure on non-habitual residents stagnated last year, compared to 2022, according to data recently released by the Tax and Customs Authority (AT). It is the first time this has happened [...]
Portugal’s government has agreed a massive booster jab package for Portuguese business by bringing IRC tax down to 19% from next year. But it remains to be seen if the Portuguese parliament or [...]
