News Blog

Taxation

Taxes for Portugal in 2016 and Beyond

Taxes for Portugal in 2016 and Beyond

As the government in beautiful Portugal changes, so does the taxes that we encounter. Read more...

French Investors are Increasingly Becoming Interested in Portugal

French Investors are Increasingly Becoming Interested in Portugal

The popularity of Portugal as an international business and investment destination is growing... Read more...

Benefits of Moving to Portugal: One of Europe’s Taxation Heavens

Benefits of Moving to Portugal: One of Europe’s Taxation Heavens

Portugal is generally not recognised as one of the world’s biggest taxation heavens but the tax regime in Portugal is amazingly lenient... Read more...

Residency Norms And Taxes In Portugal

Residency Norms And Taxes In Portugal

Many European Union nationals have shown interest in acquiring residence permits to stay in Portugal for various reasons... Read more...

Is VAT Reduction in Restaurants in the Works?

Is VAT Reduction in Restaurants in the Works?

The food and beverage industry may be in for good news! If two coalition parties and the largest opposition party in the country, which are engaged in on-going national salvation negotiations, will come to an agreement... Read more...

ANJE Applauds Initiative to Simplify Corporate Tax

ANJE Applauds Initiative to Simplify Corporate Tax

The Associação Nacional de Jovens Empresários (ANJE), the Portuguese national association of young entrepreneurs, applauded the proposal of a simplified corporate tax system... Read more...

Is there a way to solve the hike in property rates in Portugal?

Is there a way to solve the hike in property rates in Portugal?

In the light of public opposition to the IMI measures that were announced, that they are now examining ways to mitigate the changes... Read more...

Is the financial outlook for Portugal set to get better?

Is the financial outlook for Portugal set to get better?

There are signs that the financial outlook for Portugal is set to get better... Read more...

Exploring Controlled Foreign Companies, Delaware Companies and Portuguese Nominee Companies

Exploring Controlled Foreign Companies, Delaware Companies and Portuguese Nominee Companies

CFCs are commonly called "Offshore Companies" in Portugal, and the most common uses on the Algarve and in the rest of Portugal has typically been to act as a tax shelter for Portuguese Property... Read more...

Portugal Offers Financial Aid to Get Europe through Hard Times

Portugal Offers Financial Aid to Get Europe through Hard Times

On September 27, 2012, the Portuguese Council of Ministers confirmed the country’s willingness to get involved in... Read more...

The Incentive Measure to Employment Offers Acceptance

The Incentive Measure to Employment Offers Acceptance

This program will help to provide employment for individuals receiving unemployment benefits wherein the benefits in question are actually lower than minimum wage... Read more...

Portugal Establishes New Immigration Regulations

Portugal Establishes New Immigration Regulations

Foreign citizens wishing to enter and reside in Portugal will find new regulations in effect as of 9 October 2012... Read more...

VAT DEDUCTION ON IRS: AN INCENTIVE TO DEMAND INVOICES

VAT DEDUCTION ON IRS: AN INCENTIVE TO DEMAND INVOICES

In an attempt to encourage the general population to demand issuing of invoices and control the invoices issued by Portuguese companies, the Council of Ministers approved several measures on July 18th 2012. Read more...

Primary Alteration To New Urban Lease Regime

Primary Alteration To New Urban Lease Regime

On 14th August 2012, Law 31/2012 has gone into effect which approves the new Urban Lease Regime Read more...

Loulé Câmara to Refund Taxes Collected Illegally from Exempt Local Businesses

Loulé Câmara to Refund Taxes Collected Illegally from Exempt Local Businesses

In the tax ordinance, local companies with 2011 taxable income exceeding €150,000 will be levied a 1.5% tax rate... Read more...

All-time Low Interest Rates Set to Prevail in the Coming Years

All-time Low Interest Rates Set to Prevail in the Coming Years

We may be looking at three more years of low interest rates given the current turn of events... Read more...

Taxpayers Receive Unexpected Returns of Over a Billion Euros

Taxpayers Receive Unexpected Returns of Over a Billion Euros

The Portuguese government is finally making massive returns on tax income receipts from previous years... Read more...

Understanding the Review of the Council Tax System in Portugal

Understanding the Review of the Council Tax System in Portugal

All properties which have not been revalued since January 2004 will now undergo a complete revaluation... Read more...

Effects of Real estate property tax change in Portugal – An overview

Effects of Real estate property tax change in Portugal – An overview

Real estate is plainly defined as a piece of land, the ground beneath it, the air covering it, and anything eternally attached to it, like buildings or constructions. You may buy, lease or trade it... Read more...

Real Estate Tax Reforms in Portugal

Real Estate Tax Reforms in Portugal

When the International Monetary Fund (IMF) and the European Union (EU) agreed to a financial bailout for Portugal... Read more...

Special Tax Regime for Second Homes/Property Owners In Portugal

Special Tax Regime for Second Homes/Property Owners In Portugal

Over the years, Portugal has become and continues to be one the most favored destinations for real property investments and for good reasons, too. Read more...

IRS 2012 in Portugal

IRS 2012 in Portugal

In 2012, Portugal will make significant changes to its individual income tax laws... Read more...

UK residency rules and connecting factors

UK residency rules and connecting factors

However, tax residency isn't always just counting days and there are regulations in place in some countries which make you liable for taxes under certain situations. Read more...