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Government's austerity plan – additional measures approved by Council of Ministers

|Proposed Changes|Portugal
Portugal

On 13 May 2010, the Council of Ministers approved some additional measures to the "Program of Stability and Growth"(Programa de Estabilidade e Crescimento – PEC) proposed by the Government on 15 March 2010. The additional measures include:

-   an increase by 2.5 percentage point of the corporate income tax (imposto sobre o rendimento das pessoas colectivas – IRC) to entities which taxable profits exceed annually …

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