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2020 State Budget Law

A virtually surplus budget

Keep up with PwC's analysis on the key aspects of the 2020 State Budget Law proposal. Join the discussion!

Supplementary Budget 2020

“A reduction of tax rates would be desirable to foster investment and provide relief on the companies’ short-term treasury needs.”

Rosa Branca Areias
Tax Lead Partner, PwC Portugal

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PwC Portugal helps you with the 2020 State Budget Law insights.

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0.3% Increase

of Excise Duties in general

Know the details of the proposals for Excise Duties.

30% Exemption

of income earned by young employees

Know the details of the proposals for Personal Income Tax.

2025 SIFIDE II (R&D)

extended

Know the details of the proposals for tax benefits.

7.5% Real Estate

with a new rate of property transfer tax on the acquisition of residential properties

Know the details of the proposals for the real real estate sector.

2020 State Budget Law Proposal

Personal Income Tax Corporate Income Tax VAT and other indirect taxes Stamp Tax Real Estate Other tax matters

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Rosa Areias

Rosa Areias

Tax Lead Partner | Entrepreneurial & Private Business Leader | Member of the Executive Committee, PwC Portugal

Tel: Tel: +351 225 433 101

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Catarina Gonçalves

Catarina Gonçalves

Partner, PwC Portugal

Tel: +351 213 599 618

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Pedro Palha

Pedro Palha

Marketing & Business Development, Senior Manager, PwC Portugal

Tel: +351 213 599 651

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