Filipe Romão and António Castro Caldas of Uria Menéndez – Proença de Carvalho discuss the practical implication of amendments to Portugal’s participation exemption regime and discover that the changes leave a lot to be desired when compared to its European counterparts.
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Meanwhile, South Africa’s finance minister has accepted a court decision on suspending a VAT increase and US President Donald Trump mulls a 100% tariff on foreign films
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