Portugal has been adjusting its personal income tax regime and is now one of the front-runners to benefit from the worldwide increase in personal mobility and the dislocation of high-net-worth individuals.
Spanish Parliament recently approved Law 16/2013, October 29th, 2013, on certain measures related to environmental taxation and other tax and financial measures. Although it might seem that the main measures introduced by Law 16/2013 should relate to environmental
As a result of the reform of the Portuguese Tax Administration (PTA), agreed in the Memorandum of Understanding between Portugal and the Troika, a large taxpayers’ unit (LTU) was created to monitor around 290 entities representing 50
The Spanish Government recently approved new tax measures to tackle the economic crisis and stimulate the economy. The new austerity measures have introduced significant amendments in Corporate Income Tax, Personal Income Tax and Value Added
Nowadays, electricity generated using hydropower contributes in a substantial way to meeting the world’s increasing electricity demands. The role of hydropower, along with other renewable energy sources, is expected to become increasingly relevant in
The Portuguese economy is facing difficulties derived from its consecutive and excessive budgetary deficits and the constraints imposed by the bailout from the IMF, EU Commission and European Central Bank (ECB).
Life insurance is usually bought to transfer risk from an individual to a pool, and therefore protect against untoward incidents and to provide for monetary compensation to the individual’s family. The investment risk
One of the main objectives of the new regime of tax amnesty, also known as RERT III (Regime Excepcional de Regularização Tributária), is settling with the Portuguese Tax Administration any financial or corporate
Spanish financial institutions and corporations face nowadays a need to refinance existing debt and to obtain additional liquidity. The capital markets, which seem to have shown a degree of recovery, are the natural route for
Order in Council no. 292/2011, published on 8 November, updated the list of countries, territories and regions with clearly more favourable privileged tax regimes ( known as ‘tax havens’) appearing in the earlier Order in Council no. 150/2004 of 13