New tax incentives regime for the Madeira region
On 28 June 2016 Regional Decree-Law 24/2016/M was published under which a specific set of tax incentives is set forth for the Madeira region. Following the publication of the Investment…
New 35-hours regime established for civil servants
The Assembly of the Republic has approved a new law (available here) under which the new 35-hours per week regime is approved. Under this regime civil servants are subject to a…
Increase of the banking sector contribution tax rate
The Government has published new regulations under which the Banking Sector Contribution has been revised. The main changes introduced refer to the inclusion of a reference to Portuguese branches of…