Latest news and stories about corporate tax in Portugal for expats and residents.
Multinational companies in Portugal must submit their income tax returns for the Global Minimum Tax Regime (Regime de Tributação Mínima Global or RIMG) by the end of the day. The government had previously granted a three-month extension for this obligation.
The European Commission has advised against general corporate income tax cuts, labeling them an inefficient way to stimulate investment. In its 2026 Annual Fiscal Report, the commission suggests that Portugal should instead focus on targeted measures such as investment tax credits and accelerated depreciation to support technological and energy transitions.
The Ministry of Finance has extended the deadline for companies to submit their 2025 corporate income tax (Imposto sobre o Rendimento de Pessoas Coletivas or IRC) returns. Businesses now have until June 30 to complete the filing process.
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.
The tax authority has clarified that dividends from previous financial years do not qualify for the Corporate Capitalisation Tax Incentive (ICE) when transferred between equity items, as they do not represent new capitalisation.
The President of the Republic has enacted legislation to extend the SIFIDE II tax incentive system while revoking the ability for companies to claim benefits through indirect investment in venture capital funds.
Analytical guide to February tax and reporting deadlines for businesses and households in Portugal, compiled by EContas. The piece maps key obligations to the Tax and Customs Authority (AT) and Social Security — notably the Day 2 submission of Corporate Income Tax (IRC) and Personal Income Tax (IRS) model declarations — and flags other relevant liabilities such as IUC (vehicle tax) and AIMI (additional municipal property tax).
Analytical overview of the likely 2026 changes affecting Portuguese companies: reforms to IRC (corporate income tax) and accounting rules are expected to reshape tax liabilities, incentives and compliance obligations. Key areas to watch are adjustments to IRC rates and base-broadening measures, revisions to the SIFIDE R&D credit regime, changes to Zona Franca/free‑zone incentives, and tighter anti‑avoidance and transfer‑pricing rules. Parallel accounting and reporting shifts — including greater digital filing, enhanced transparency requirements and closer alignment with international standards — will raise compliance costs, alter timing of tax recognition and create cash‑flow implications. The net impact will vary by firm size and structure: SMEs may face disproportionate administrative burdens while multinationals must rework cross‑border planning. Practical priorities for businesses are to update accounting systems, revalidate eligibility for incentives (notably SIFIDE and Zona Franca regimes), review transfer‑pricing and tax provisioning, and engage advisers early to manage transitional rules and optimise outcomes.
What do Portuguese companies lack to transition from competitive exporters to groups with international scale? This is the question guiding Fábrica2030, ECO's annual conference dedicated to industry, competitiveness, and business growth, which takes place this Wednesday at the headquarters of the National Association of Young Entrepreneurs (ANJE) in Porto. Under the theme...
The taxes effectively paid by companies (corporate income tax plus surcharges) are among the highest in Europe.
The general corporate income tax rate will fall by another percentage point in 2027, from the current 19% to 18%, continuing the tax relief for companies provided for in Law no. 64/2025, according to the 2027 State Budget bill submitted by the Government to Parliament. The reduction will be applied to...
Corporate Income Tax concludes Expresso's analysis of the 2027 State Budget. Throughout this week, and with the support of Deloitte as a knowledge partner, the main areas of the document defining the priorities for public finances for the coming year were scrutinised.
The agenda also includes an amendment to the general tax law.
Home Business Portugal's Corporate Tax Cuts Are Good News, Except for Some American-Owned Businesses Portugal's Corporate Tax Cuts Are Good News, Except for Some American-Owned Businesses Portugal has been lowering its corporate tax rate for several years, from 21% before 2025 to 20% that year, w
Apple paid 17.1 billion dollars (more than 14.5 billion euros) in taxes to Ireland in its last fiscal year, which represents about 40% of the total taxes paid by the company worldwide. In a document released this Friday, cited by EFE, Apple indicated that the taxes paid to Ireland...
Different geographies and segments influence oil companies' profits, and taxing the entire net income would not be appropriate, according to the executive. Further intervention is only possible under specific conditions.
A new study finds that Palantir, which boasts of high profit margins in the U.S., barely scrapes a margin in Europe, which helps slash its tax bill.
The energy company Galp is paying a windfall tax of €36 million, however, this payment does not apply to its operations in Portugal.
The energy company Galp is paying a windfall tax of €36 million, however, this payment does not apply to its operations in Portugal.
Business lobbies and national governments have criticized a levy on companies with a turnover above €100 million.
The tax authority has rejected the idea that companies in the Madeira Free Trade Zone (ZFM) that purchase light vehicles for their operations can register these expenses as initial investment to benefit from the reduced corporate income tax (IRC) of this fiscal regime, according to a binding ruling. The understanding was sanctioned by the regional director of the Tax and Fiscal Affairs Authority of the Autonomous Region of...
A new specific incentive for purchasing works by living artists, the introduction of 'funding by equivalence', and corporate income tax (IRC) deductions arrive next year.
About 206 million results from adjustments to corporate profits under the transfer pricing regime.
The Order of Certified Accountants (OCC) believes there are conditions to permanently set the deadline for companies to submit their corporate income tax (IRC) returns on June 30th each year. After the Government decided this Wednesday to extend the submission date for the Model 22 form, the head of the order, Paula Franco, appealed for the measure to be implemented.
The new law, which as of this Monday authorizes the Government to revise the patronage regime to increase the amount of donations that companies can deduct from corporate income tax (IRC), gives the Executive six months to implement the changes. The authorization granted by parliament to the Government was published today in the Diário da República and has...
Companies must submit the Single Report (RU) this Friday and the Model 22 declaration by the end of next week. The warning comes from the Order of Certified Accountants (OCC), which does not expect any further extensions from the Government. “I would like to draw attention to the fact that the final deadline for submission...”
The decision follows the opposition of the company Nova Iberomoldes to the tax, claiming that the action of the Tax and Customs Authority is contrary to a European directive.
The PS secretary-general says the Government “increased taxes on fuel” while simultaneously reducing corporate income tax (IRC) for large companies.
The extension was decided taking into account that the “anomalous succession of storms” significantly affected “most of the national territory, significantly disrupting the normal course of accounting procedures” for companies.
Without this extension, the deadline for submitting the corporate income tax return would have been May 31st
