Portugal's proposed Budget Law for 2019 was submitted to parliament on 15 October 2018. Some of the main tax-related measures include: The introduction of new expense deduction restrictions, including: This disallowance of impairment losses on bad debt between companies as a deductible expense where the companies are more than 10% directly or indirectly held by the same legal or natural person, except in certain cases where the debtor has been subject to any enforcement or insolvency proceedings, special revitalization or extrajudicial recovery process, and where the debts have been claimed at a judicial or arbitration court; The disallowance of the...