- PSD wants a 6% VAT rate for urban rehabilitation works in officially designated urban renewal areas (ARU).
- The reduced rate would apply even if no approved Urban Rehabilitation Operation exists.
- The bill has already been submitted to Parliament and would have retroactive effect to 2008.
Source: jornaldenegocios.pt
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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