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 [...]

Revenues from the tourist tax brought in €54 million to the coffers of 11 municipal councils in 2022. The tax levied on hotel and guest house accommodation bills rose 209% on 2021, but was still [...]

The Portuguese government could net up to €100 million from its windfall tax on local energy and food retail companies which have seen profits soar as an indirect result of the war in Ukraine and [...]