Finance: Taxation news in Portugal

Ventura challenges Government to "return to taxpayers" VAT from fuel price increase

EDP dam sale business risks paying double IMT and Stamp Duty

Is a new tax on banks coming? Bank of Portugal is "considering"

Does Europe want to tax Artificial Intelligence before building it?

Home Europe Does Europe want to tax Artificial Intelligence before building it? Does Europe want to tax Artificial Intelligence before building it? There is something curious going on in Europe.

Brussels suggests Portugal increase IMI to curb vacant homes

The European Commission suggests that Portugal update the property value of homes to increase recurring taxes, specifically the Municipal Property Tax (IMI), to encourage owners to put houses on the market and promote residential mobility. It also suggests the temporary allocation of subsidies to the most vulnerable families in the face of...

Government promised tax on extraordinary profits, Bloco wants to know why it has not been implemented

A Left Bloc MP is requesting a date for the assessment of the legislative proposal and wants clarification on how the Government intends to proceed regarding profits already earned following a potential end to the war.

Alarm Clock: Tax on sugary drinks that generated over 500 million is no longer for the NHS

The revenue from the tax on sugary drinks, which has already raised more than 500 million euros, will no longer be allocated to the National Health Service (SNS).

In the news today: 'Coca-Cola' tax, credit, and cork

The Government has decided that the tax on drinks with added sugar or sweeteners will no longer be allocated to the National Health Service (SNS) this year, changing what had been planned since its creation in 2017. The Governor of the Bank of Portugal defends the new rules for granting credit, stating that 'there is...'

“We must not talk about fuel shortages in Portugal, under any circumstances”

The government official states that there is no reason to discuss potential fuel supply issues in the country.

Now Canal31 May

Tax rises and limits the drop in fuel prices

Anticipating a sharp drop in fuel prices, the Government increased the petroleum tax by almost 2 cents per litre. With the effect of VAT, the final price reduction is expected to be limited to less than 10 cents.

There are more rich people in Portugal. Yes, you read that right

An observation on the increase in the number of wealthy individuals within Portugal.

TVI25 May

European Christian organisations want a permanent tax on fossil fuel profits

The demands are part of an urgent and unprecedented appeal to EU institutions made by organisations from 20 EU countries, titled 'Europe, be faithful to our common home'.

Paulo Pedroso: “We could have a tax on AI chips that would revert to Social Security”

Former government official and socialist leader considers a new taxation of work models at EU or G7 scale inevitable. He criticises Minister Palma Ramalho and spares Minister Paulo Rangel.

Tobacco smuggling: Europe discusses taxes and Portugal analyses risks

European authorities are debating tax policies to combat tobacco smuggling, while Portugal evaluates the associated risks.

Jornal de Notícias19 May

Cheganismo is socialism

Cheganismo: socialism with more decibels and less shame about spending other people's money.

The State-taxpayer relationship: what drives the Portuguese to do it

A reflection on the fiscal relationship between the State and the taxpayer, international competitiveness, and the emigration of qualified Portuguese citizens.

VAT increase for catering. "It is a lack of respect"

Jorge Pisco, president of the Confederation of Micro, Small and Medium Enterprises, says that reintroducing the 23% tax rate for the catering sector will destroy it and criticises the support measures for companies.

What Is the Best Investment App in Portugal? 3 Options Analysed in 2026

An analysis of the top three investment applications available in the Portuguese market for the year 2026.

Notícias de Coimbra16 May

Taxing extraordinary profits, but regarding fuel...

Energy companies, like any other business, need predictability, especially in a highly capital-intensive sector.

PRO.VAR challenges parties to harmonise VAT between the hotel and restaurant sectors

The association considers the way the debate on restaurant VAT is being conducted again in Portugal to be “deeply worrying and incomprehensible.”

"We do not agree with the tax": Iberdrola rejects IMI payment for Tâmega dams and admits taking the matter to court

David Rivera Pantoja, general manager of Iberdrola in Portugal, guarantees that the Spanish company was surprised by the requirement to pay IMI (Municipal Property Tax) for the three dams it built on the Tâmega, stating that the signed concession contract “contained no evidence or suspicion of this tax,” which they disagree with and are considering challenging in court.

Minister of Labour says proposal is almost finalised

JN: Maria do Rosário da Palma Ramalho says the 'Government's reformist will cannot be hindered by the UGT'. DN: The Azores Government wants more troops from the USA and other NATO countries.

Climate Commissioner understands discomfort with “exorbitant profits” of energy companies

The European Commissioner for Climate, Wopke Hoekstra, visiting Lisbon, acknowledged public discomfort regarding the “exorbitant profits” of energy firms but reaffirmed that implementing windfall taxes should remain a national government decision rather than a Brussels-led initiative. Hoekstra emphasized that while the European Commission is reviewing a request from five member states to address these profits, legal and coordination challenges make national-level implementation more viable. He also stressed that Europe must reduce its energy dependency by increasing domestic production through solar, wind, geothermal, and nuclear investments to ensure national and European security.

Climate Commissioner criticises "exorbitant profits"

In Lisbon, the European Commissioner for Climate acknowledged the discomfort caused by the extraordinary profits of energy companies, but argued that taxation should be the responsibility of national governments.

Expat taxation in Portugal – what no one explains clearly

For many expats moving to Portugal, taxation is often seen as a secondary concern or something to be dealt with after settling in. In reality, it is one of the The post Expat taxation in Portugal – what no one explains clearly appeared first on Portugal Resident.

"We must cherish Galp": Álvaro Beleza questions the taxation of extraordinary profits

The CNN Portugal commentator expresses doubts regarding the taxation of extraordinary profits for the largest companies in the energy sector, namely Galp, a company he considers “strategic” for Portugal.