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Portugal Government Program Includes Corporate and Personal Income Tax Rate Cuts

|Proposed Changes|Portugal
Portugal

Portugal's new government approved its government program on 10 April 2024 and delivered it to parliament, including several tax-related measures. Some of the main measures include:

  • A reduction in the corporate tax rate by 2 percentage points per year over three years from 21% to 15%;
  • A reduction in the personal income tax marginal rates by 0.5 to 3 percentage points up to the eighth bracket;…

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