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 jobs Introducing an additional tax credit of 6% for qualifying investments contributing to technological innovation or the protection of the environment Under the current regime, contractual tax incentives are granted for qualifying industrial investment projects in specific activities carried out by 31...