Portugal and the United Kingdom have signed two bilateral double taxation agreements and an agreement on the exchange of privileged or confidential information. The agreement was signed during a [...]
The owner of the supermarkets chain Pingo Doce, Jerónimo Martins, is to appeal in court a €9.6 million tax bill to cover the Single Social Tax. The Single Social Tax, or TSU, is the amount that [...]
The total number of active Social Security contributors, who finance pensions and other social benefits, would have started to shrink last year if the participation of foreign workers in the [...]
By Sasha Young da Silva, Areia Global (Miami) and Nuno Cunha Barnabe, Abreu Advogados (Lisbon) New US tax legislation has now cleared Congress, with the One Big Beautiful Bill Act (“OBBB”) [...]
The government has decided to hike the price of tobacco by 2% from next year and will alter the colour of the seal stamp from green to bordeaux according to a dispatch published in the Republic [...]
In a bid to maximise the price and attractiveness of TAP, 49% of which is to be put up for sale to large airline conglomerations next year, the Portuguese government is to provide €500 million in [...]
A new IRS cut proposed by the Government will result in annual savings that could exceed €400 compared to the current tax brackets. Proposed reductions range from 0.4 percentage points (pp) to [...]
Changes aimed at simplifying and reducing Portugal’s notoriously complicated tax regime came into force on Tuesday, July 1. The changes, which were published in the Republic’s circular, affect [...]
If a proposal handed to parliament by the Portuguese government to reduce IRS taxes is passed, taxpayers can expect to see an increase of between €2 and €15 net monthly in their wage packets from [...]
A tax cut that will benefit tax payers in the 7th and 8th tax brackets, earning between €3,500 and €7,000 gross per month, and will provide a double benefit, should be introduced in September. [...]
