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Taxes in Portugal are levied by both the national and regional governments of Portugal. Tax revenue in Portugal stood at 34.9% of GDP in 2018. [1] The most important revenue sources include the income tax, social security contributions, corporate tax and the value added tax, which are all applied at the national level.
The Portuguese Tax Code foresees aggravated withholding tax, 35% tax rate, on capital income (interests and dividends) deriving from black listed jurisdictions and an aggravated municipal property tax of 7% on property owned by entities located in said jurisdiction. Portugal's "blacklist" is defined by decree issued by the Minister of Finance ...
It is the oldest tax in Portugal established in 1660. Stamp duty is levied on several contracts, documents, papers in Portugal and charged by a fixed amount or by the application of a fee to the value of the act or contract. Taxes on assets. Municipal Property Tax – is a tax for the owners of a property. Rates differ in municipalities decided ...
The primary law governing nationality of Portugal is the Nationality Act, which came into force on 3 October 1981. Portugal is a member state of the European Union (EU) and all Portuguese nationals are EU citizens. They are entitled to free movement rights in EU and European Free Trade Association (EFTA) countries and may vote in elections to ...
Portugal was a full member of the Latin Union (1983) and the Organization of Ibero-American States (1949). It has a friendship alliance and dual citizenship treaty with its former colony, Brazil. Portugal and the United Kingdom share the world's oldest active military accord through their Anglo-Portuguese Alliance (Treaty of Windsor), signed in ...
Welcome to the Portugal portal. Portugal, officially the Portuguese Republic, is a country located on the Iberian Peninsula, in Southwestern Europe, and whose territory also includes the Macaronesian archipelagos of the Azores and Madeira. It features the westernmost point in continental Europe, its mainland west and south border with the North ...
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The Government of Portugal, also referred to as the Government of the Portuguese Republic, the Portuguese Government or simply the Government, is one of the four sovereignty bodies [ pt] of the Portuguese Republic, together with the President of the Republic, the Assembly of the Republic and the courts. It is both the body of sovereignty that ...