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Portugal Budget Law for 2020 Approved and Published

|Approved Changes|Portugal
Portugal

Portugal's State Budget Law for 2020 (Law No. 2/2020) was approved by parliament and published in the Official Gazette on 31 March 2020. The main tax measures of the budget law include:

  • An increase in the deduction of expenses incurred as a result of the acquisition of travel cards/passes for the benefit of employees to 130% (i.e., 30% additional deduction);
  • The addition of copyrights on comp…

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