Lisbon
This edition highlights the measures included in the Draft State Budget Law for 2026, the introduction of VAT groups in Portugal, the first binding information addressing the concept of permanent establishment for VAT purposes, as well as the most…
The monetary devaluation coefficients applicable to assets and rights disposed of in 2025 have been published for the calculation of corresponding capital gains.
The general Corporate Income Tax (CIT) rate will be progressively reduced from 20% to 17% between 2026 and 2028, while the special rate will decrease from 16% to 15% already in 2026.
In July 2025, the Portuguese government resumed the process of transposing Directive (EU) 2022/2555 (NIS2) by presenting Bill no 7/XVII/1 Below we compare this transposition with the Spanish bill, examining the areas of application that are…
Portuguese Government has updated the table of minimum monthly wages set forth on the ordinance that regulates the working conditions of administrative workers not covered by collective bargaining regulations.
The new ordinance establishes financial assistance for young people under 30 who are receiving unemployment benefits and enter into a new employment contract. The measure aims to encourage active job seeking and promote stable youth employment.
The declaration to communicate the starting period of submission to the Global Minimum Tax (GMT) has been approved. This regime imposes the payment of a global minimum tax on large multinational and national groups with annual consolidated revenues…
The new Regime on the Purchase and Servicing of Banking Receivables (RCGCB) has been approved, transposing Directive (EU) 2021/2167 and regulating the assignment and management of credit receivables in Portugal. This measure aims to harmonise the…
Portugal reviews the list of countries, territories, or regions with clearly more favourable tax regimes (commonly referred to as 'tax havens'), excluding Hong Kong, Liechtenstein, and Uruguay from the list.
The deadlines for filing the CIT return, the IES and the tax file were extended, in response to the request of the Portuguese Chartered Accountants Association.
The Portuguese Government approved the extension of several tax deadlines following the constraints experienced in accessing the Finance Portal.
This edition highlights recent changes in the area of indirect taxation, with particular focus on the recent ruling issued by the Supreme Administrative Court to harmonize case law regarding the application of the reduced VAT rate to urban…