Executive summaryThe Portuguese Parliament approved the Draft State Budget Law for 2021 (State Budget) on 26 November 2020. The document will soon be sent for Presidential promulgation.Although the final text of the State Budget is expected to be released on 16 December 2020, based on the public and official information under the parliamentary discussion on the Draft State Budget Law for 2021 and the respective parliamentary approval process, it is anticipated that certain tax measures will be included in the State Budget. These tax measures are expected to have a significant impact on the real estate sector. However, as further...