Large multinationals to be charged “a minimum of 15% tax”
Portuguese government moves on measure that “should have been imposed in 2022” Portugal’s AD government is proceeding with a minimum 15% taxation mechanism for multinational and national groups, according to
Portugal set to reintroduce tax incentives for “non-habitual residents”
New regime will “exclude dividends, capital gains and pensions” Portugal’s finance minister has announced plans to reintroduce the non-habitual resident (NHR) tax regime for foreigners but with major changes, such
€520 million “potentially missing” from Portugal’s largest taxpayers
Series of inspections throws up anomalies Tax authorities have discovered that €522 million in taxes are potentially missing from the country’s largest taxpayers, including individuals and companies. Portugal’s AT tax
Tax authority warns of fake IRS tax refund email
Fraudulent emails should be deleted, AT says Taxpayers who are receiving emails from a sender identifying themselves as ‘autoridade.tributaria’ (Portugal’s tax authority, AT) about a supposed tax refund should delete
Slash in income tax for under-35s to be approved today
But IRS Jovem ‘dependent’ on government’s survival into 2025 IRS Jovem – the ambitious plan to slash income tax for the under-35s, and so encourage younger citizens to remain in
Tax authority warns of fake fine scam
Fake text messages and emails being sent to taxpayers Portugal’s tax authority (AT) has warned citizens of a text message scam which aims to trick citizens into paying fake fines.
Taxes made up more than half of State revenue in 2023
Taxes were responsible for more than half the State’s revenue in 2023. According to a report by the Council for Public Finances, published yesterday, State revenue increased by 9% last
Wealthy expats in Portugal unaware of looming tax hike
For years, Portugal has been a haven for wealthy expatriates and investors drawn to its favourable NHR tax program, investment opportunities, visa policies, vibrant culture, quality of life, healthcare system,
PS axes controversial IUC vehicle circulation tax hike
Government accused of acting out of “fear” with election around the corner The ruling Socialist Party (PS) has axed its highly controversial proposal to increase the IUC vehicle circulation tax
Road fund tax hikes “will be scrapped from 2024 State Budget”
Political commentator Luís Marques Mendes let slip a nugget of information last night that will cheer well over a million citizens: the PS Socialist plan to increase IUC road fund