Portugal Implements VAT Program to Support Consumption in Sectors Heavily Impacted by COVID-19
Portugal has published Regulatory Decree No. 2-A/2021 of 28 May 2021 and Ordinance No. 119/2021 of 7 June 2021 in the Official Gazette, which provide for the implementation of the so-called "IVAucher" program that was provided for as part of the State Budget Law for 2021 (Law No. 75-B/2020). The IVAucher program is a temporary program meant to support and stimulate consumption in sectors heav…
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