The 'irrelevant' tax scheme
Luís Montenegro seems to have sought the least costly solution for himself.

Latest news and stories about tax evasion in Portugal for expats and residents.
Luís Montenegro seems to have sought the least costly solution for himself.

In recent statements, the Prime Minister claimed that “it is not worth prevaricating”. While this sentiment is widely applauded, the reality in Portugal suggests otherwise. A recent study by the Faculty of Economics of Porto (FEP) reveals that nearly 35% of the Portuguese GDP exists within the shadow economy, leading to an estimated annual loss of 16 billion euros in tax revenue. With total tax debts in coercive processes reaching approximately 30 billion euros, and a growing perception that tax evasion goes unpunished while small-time offenders are swiftly prosecuted, the public is left questioning whether crime truly pays. To preserve democracy, society must be genuinely convinced that non-compliance is not a viable or rewarded path.

The Tax Authority has a VIP list containing approximately 100 names of taxpayers with activities in high-risk sectors.

An arbitration court concluded that the presenter created a company to attribute income that should have been taxed under personal income tax (IRS), thereby obtaining a tax advantage. The situation is identical to the cases faced by fellow presenter Cristina Ferreira and former national team coach Fernando Santos.

An arbitration court concluded that the presenter created a company to attribute income that should have been taxed under personal income tax (IRS), thereby obtaining a tax advantage. The situation is identical to the cases faced by fellow presenter Cristina Ferreira and former national team coach Fernando Santos.

Accounting document should have contained details of the transaction made between the two companies, which had the same owner.

Tax evasion has become more difficult with the Panama Papers, but tax havens continue to receive millions.

Ten years after the release of the 'papers', global states have tightened the net and tax evasion is more difficult. However, there is still a lot - too much - money hidden in tax havens.
Ten years after the 'Panama Papers' scandal, investigated by the International Consortium of Investigative Journalists, Oxfam laments that insufficient progress has been made in the fight against tax evasion.
In addition to the Madeiran businessman, four other defendants were charged, who allegedly set up a scheme to artificially create losses that allowed them to avoid paying taxes.

It was early in the morning. The man arrived at the 1908 War at seven in the morning and the war was still closed. There was a little woman at the door selling chestnuts. He bought some, waited, and asked what time they opened. It was to Solnado that we owe this chronicle of the Portuguese absurd, that of the hero who goes...

A press roundup covering tax evasion in the rental sector, a prominent public debate, and the farewell to Fernando Mamede.
The number of births in pre-hospital settings has been increasing since 2022, Diário de Notícias writes. Jornal de Notícias reports that there are more than two million homes evading taxes.

The GNR seized 1,050 kilograms of shredded tobacco without a tax stamp in Loulé.

The Judicial Police (PJ) arrested seven people today and charged 45 individuals during an operation that dismantled a transnational criminal organization involved in money laundering and tax evasion, based in the industrial area of Varziela, Vila do Conde.

At the top of the network is a businessman of Chinese origin, suspected of being the architect of the money laundering organization.
