The Portuguese Business Association (Associação Empresarial de Portugal or AEP) proposed a 50% corporate income tax (Imposto sobre o Rendimento das Pessoas Coletivas or IRC) deduction for companies funding worker accommodation. The business lobby presented the measure for the state budget, arguing that the country's housing shortage has become a barrier to recruitment, economic growth, and talent retention. The proposal aims to incentivize private firms to build or secure housing for employees facing steep rental costs.
Business Group Proposes Corporate Tax Relief for Housing
Wednesday, 11 November 2026AI summary
Context & Explainers
The corporate income tax (Imposto sobre o Rendimento das Pessoas Coletivas or IRC) is a tax levied on the profits of companies operating in Portugal. It applies to both resident entities and non-resident entities with income generated within the country.
