While the increase in litigation in Portugal may be good for lawyers, it is having an adverse effect on corporate valuations, particularly in the banking sector, says João Caiado Guerreiro, partner at Caiado Guerreiro.
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Tax authorities could be pushing the boundaries of legality as they seek to increase the revenue they collect, say lawyers – meanwhile, the risk of being held liable for facilitating tax evasion could mean some law
Clients need guidance on ensuring their businesses are aligned with the requirements of tax frameworks, as well as help with tax governance and pricing agreements
Portugal’s tax framework is now offering potential investors greater certainty and therefore more work is being generated for the nation’s tax lawyers, according to Diogo Ortigão Ramos, partner at Cuatrecasas, Gonçalves
Tax structures that may have been deemed acceptable ten to twenty years ago are no longer feasible as the authorities step up the fight against tax evasion