What tax changes are expected in 2026?
Portugal’s State Budget for 2026 will introduce a number of changes in taxes approved by parliament and coming into force from January, 2026. First off, IRC tax has fallen by 1% to 19%. It had [...]
Assets held in offshores must be declared from 2025
Portugal’s tax authorities have introduced a new measure whereby assets held in offshore accounts will have to be declared from next year. The move will also include income from capital derived [...]
Transfers to offshores increase 10% to €7.7Bn
Transfers to offshore tax havens from Portugal increased by 10% in 2022 to €7.4Bn, with over one-third of these transfers going into Swiss banks. According to statistics from the Portuguese tax [...]
Media mogul under police investigation
Portugal’s Public Ministry has made the media, hotels and river cruise tycoon Mário Ferreira a legal suspect in the Operation Ferry case over the sale of the ship Atlântida. The case involves [...]
350 Portuguese own Dubai properties
Some 350 Portuguese own 819 properties in the tax haven of Dubai worth €282.2 million. This is according to the EU’s tax haven blacklist (Non-Cooperative Jurisdictions for Tax Purposes). The [...]
