EDP dam sale business risks paying double IMT and Stamp Duty

Tuesday, 3 March 2026RSS
EDP dam sale business risks paying double IMT and Stamp Duty

The consortium led by Engie, which acquired six Douro dams from EDP in 2020, faces potential additional costs due to the Municipal Tax on Property Transfers (IMT) and Stamp Duty (IS). This situation arises if the Tax Authority applies its tax understanding to the deal's various phases, potentially leading to significant financial implications for the consortium.

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