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Portugal to Increase Contractual Tax Incentives

|Proposed Changes|Portugal
Portugal

On 18 September 2014, Portugal's Council of Ministers approved proposed changes to the countries contractual tax incentives regime. Changes include:

  • Increasing the maximum tax credit amount from 20% to 25%
  • Introducing an additional tax credit of 10% for qualifying investments in certain low income regions
  • Introducing an additional tax credit of 8% for qualifying investments that create new job…

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