Portugal’s Government has announced a EUR 2.4 billion package of support measures that was approved by the Council of Ministers on 5 September 2022. The main tax measure of the package is a proposed reduction in the VAT rate on electricity from 13% to 6%, which has been submitted to parliament as a matter of urgency so it can enter into force by 1 October 2022.
Source: Orbitax
Latest Posts in "Portugal"
- Portugal Grants Brief E-Invoicing Grace Period for December 2025 Submissions Until January 2026
- New General Court VAT case – C-914/25 (Modelo Continente Hipermercados) – No details known yet
- Optimizing CIT and VAT Strategies for Profitable Real Estate Investments in Portugal
- Changes to Portugal’s VAT Refund Process Under Decree 52/2025
- Portugal Cuts VAT to 6% on Olive Oil Production, Game Meat, and Art Sales in Galleries
