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Portugal Implements Anti-Abuse Amendments made to the EU Parent-Subsidiary Directive

|Approved Changes|Portugal
Portugal

On 29 February 2015, Portugal published Law No. 7./XIII/1.a in the Official Gazette, which implements anti-abuse amendments made to the EU Parent-Subsidiary Directive into domestic law. The law introduces the concept of non-genuine arrangements, which include those that are not carried out for valid economic reasons or do not reflect economic reality. If a non-genuine arrangement is put in plac…

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