On 30 March 2016, Portugal published the 2016 Budget Law (Law n.º 7-A/2016) in the Official Gazette. The main tax-related measures of the budget are summarized as follows.

CbC Reporting

Country-by-Country (CbC) reporting requirements are introduced for fiscal years beginning on or after 1 January 2016 for MNE groups meeting a consolidated group revenue threshold of EUR 750 million in the pre…