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Changes to Portugal's Contractual Tax Incentives Published

|Approved Changes|Portugal
Portugal

On 31 October 2014, changes to Portugal's contractual tax incentives regime were published in the country's Official Gazette. The changes include:

  • The maximum corporate tax credit amount that can be granted is increased from 20% to 25% of the eligible investment
  • The following additional tax credits are introduced
    • A tax credit of 10% for qualifying investments in certain low income regions
    • A tax credit of 8% for qualifying investments that create new jobs
    • A tax credit of 6% for qualifying inv…

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