Portugal’s tax authorities had a good result to July this year with a budgetary surplus of 8.9%. Finanças registered a “good performance” to July, with +11.6% (Social Security contributions) and [...]
The Portuguese tax authorities coined in a record €2Bn from stamp duty in 2022, a third of it coming from transactions made by financial institutions. Some €367 million resulted from property [...]
The Portuguese tax authorities are preparing a tax sweep on Local Accommodation properties nationwide, the timing of which, given the government ‘s ‘More Housing’ clampdown on [...]
Portugal was one of the countries in the euro area which most increased the amount of IRS tax paid by top earners between 1995 and 2023. In a document released this month by the EC’s [...]
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 [...]
