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Portugal Publishes Law Approving Major Planning Options for 2016-2019 Including Increased Credits for Investment

12 April 2016

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Approved Changes

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Portugal

On 31 March 2016, Portugal published the law approving the major planning options for 2016-2019 (Law n.º 7-B/2016) in the Official Gazette. One of the main measures of the law is an increase in the contractual tax incentives credit. This includes a 25% credit for investments up to EUR 10 million and a 20% credit for investments over EUR 10 million. Qualifying investments for Portugal's contractual tax incentives credit are determined on a case-by-case basis by the government.