Tiago Cassiano Neves Portugal has approved (at year-end) a set of tax measures for 2015, which include the Budget Law, Personal Income Tax Code Reform, Green Taxes Reform and a Law amending the Corporate Income Tax Code. This note describes the most relevant corporate tax measures for 2015. For 2015 there will be a reduction of the standard corporate income tax (CIT) rate from 23% to 21%. The municipal and state surtaxes are maintained for FY15.
January 27 2015