Source: eco-sapo-pt.cdn.ampproject.org (unfortunately not in English)
Both the PSD and the leftist parties advocate lowering VAT on electricity from the current 23% to the intermediate rate (13%) or to the minimum rate (6%).
At a time when a negative majority in São Bento is feared to force the government to lower VAT , Marques Mendes reveals a kind of plan B that is being prepared by António Costa and will try to convince Brussels to accept that the tax may vary depending on consumption. In this scenario, the loss of revenue would be smaller.
Latest Posts in "Portugal"
- Portugal 2026: New VAT Declaration Rules Require Businesses to Self-Determine Filing Frequency
- Carlos Lobo Warns: VAT Changes May Trigger Mass Extinction of Urban Rehabilitation Developers
- Chinese Criminal Networks Control Massive VAT Fraud Operations Across Europe, Warns European Prosecutor
- Portugal Approves 6% VAT for New Homes, Adds Tax Breaks for Residential Rentals
- Audit Procedures and Compliance with Fiscalization Rules in Portugal
