The taxation of tobacco products in Portugal has been subject to changes in three recent diplomas: (i) the 2010 State Budget Law (Law 3-B/2010); (ii) Ordinance 250-A/2010, and (iii) the new Excise Duties Code (Decree-Law 73/2010).
Following the legal authorisation included in the 2009 Budget Law, the Portuguese Government approved on September 23, 2009, the new tax regime for non habitual resident investors (alias nonordinary tax regime, alias foreign tax resident regime).
In light of the ineffectiveness of Portuguese tax litigation and the increased mistrust of taxpayers in relation to tax decisions, with the decision-makers very often hiding behind mere decisions of form, it is imperative that
In recent years, several income tax law provisions of EU member states were challenged by the European Court of Justice (ECJ) on the grounds of infringement of freedom of movement for goods, services, persons, and
The Spanish impatriate tax regime, enacted in 2004, also known as the “Beckham Law” – as football player David Beckham was one of the first individuals to apply it – was amended with effect from January 1, 2010, despite pressure
Following a Recommendation from the European Commission in April 2009 on remuneration policies, Portugal recently introduced changes to its personal income tax (PIT) and corporate income tax (CIT) legislation, with the aim of limiting excessive termination
With the intention of attracting highly qualified professionals and other high net worth individuals in order to facilitate and promote the transfer of scientific, technical and artistic knowledge, and consequently contribute to Portugal’s economical
Technically upgraded or extremely widened?
The reform of the legal framework for state-owned property, driven by objectives of simplification, financial rigour and greater administrative efficiency, was enacted by Decree-Law 280/2007 of 7 August, which came into force last September. The significance of
The Portuguese Government has, recently, approved a proposal to reduce the standard rate of the Value Added Tax (VAT) from 21% to 20%, with effects from July 1 onwards.
