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Portugal News - Business, Taxation & Offshore

Tax Rose In 20 EU States In 2015, Says Eurostat Report

by Ulrika Lomas,, Brussels

Wednesday, November 9, 2016

The European Union statistics agency, Eurostat, has released new figures concerning member states' tax revenue collections and their tax mixes for 2015.Read Full Story


Portugal Proposes 'Wealth Tax' On Property

by Ulrika Lomas,, Brussels

Wednesday, October 19, 2016

Portuguese Prime Minister Antonio Costa has confirmed that proposals for a new real estate tax on high-value property have been included in the Government's Budget for 2017.Read Full Story



Estonia Has World's Most Competitive Tax System

by Ulrika Lomas,, Brussels

Tuesday, October 18, 2016

Estonia has the most competitive tax system in the world due largely to its 20 percent corporate tax and "well-structured" personal income tax system, according to Washington-based fiscal think tank the Tax Foundation.Read Full Story


Portugal To Tax Sugary Drinks

by Ulrika Lomas,, Brussels

Tuesday, October 18, 2016

The Portuguese Government has said that it intends to introduce a tax based on the sugar content of drinks to tackle obesity and other health problems related to the consumption of sugar.Read Full Story



Portuguese 'Amnesty' Not About Tax Forgiveness: PM

by Ulrika Lomas,, Brussels

Thursday, October 13, 2016

The Office of Portugal's Prime Minister has "categorically denied" that its new tax debt repayment scheme is a program for "tax forgiveness."Read Full Story


Spain, Portugal Given Extra Time To Correct Deficits

by Ulrika Lomas,, Brussels

Thursday, August 11, 2016

The European Council has canceled fines for Spain and Portugal for breaching excessive deficit rules, and set new "fiscal paths" for each to follow.Read Full Story