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Portugal Tax News

European Commission refers Italy and Luxembourg to ECJ for not implementing Directive amending EC Parent-Subsidiary Directive

13 August 2006
European Commission decides that Luxembourg's preferential tax regime for 1929 holding companies constitutes incompatible state aid

13 August 2006
European Commission requested Spain to end infringement to the EC Parent-Subsidiary Directive concerning the use of anti-abuse measures

13 August 2006
Treaty between Turkey and Portugal approved

11 July 2006
Amendments to new tax regime for debt securities

16 March 2006
The proposals included in the Budget Bill for 2006 have been approved by the parliament, subject to certain minor changes, and enacted as the Budget for 2006 by Law 60-A/05, published in the Official Gazette of 30 December 2005.

19 February 2006
Additional protocol between Ireland and Portugal signed

1 January 2006
Changes to withholding taxes on dividends anti-dividend stripping/washing measures

6 December 2005
Budget Bill for 2006 details including changes relating to EU law

9 November 2005
Portugal and Chile signed a first-time income tax treaty in Santiago on 7 July 2005. Further details of the treaty will be reported subsequently.

21 September 2005
The proposal to rectify the Budget Law for 2005 has been approved by the parliament and enacted by Law 39-A/05, published in the Official Gazette of 29 July 2005. The most important amendments reported earlier, which apply from 1 January 2005, are compiled below:

21 September 2005
Portugal and Turkey signed a first-time tax treaty on 11 May 2005.

9 June 2005
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