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"
- GC VAT Case T-324/25 (Novo Banco) – Order – Proceedings stayed until resolution of similar case C-521/24
- New VAT Rules in Portugal: Challenges for Self-Employed Newcomers
- Portuguese Tax Authority Clarifies VAT Exemption for Tips in Hospitality Sector
- eInvoicing in Portugal
- EU Member States Collect €33 Billion in E-commerce VAT Revenue in 2024
