LUSA 09/13/2024

Lusa - Business News - Portugal: Government approves mnimum 15% corporate tax rate for multinationals

Lisbon, Sept. 12, 2024 (Lusa) - Portugal's right-of-centre coalition government has approved new tax rules to ensure that multinationals operating in the country are subject to a minimum 15% rate of corporate income tax, according to the cabinet office minister, Leitão Amaro.

The decision was announced after a cabinet meeting on Wednesday at which the decision was taken.

The measure is the transposition into national law of a European Union directive. 

The minister described it is "an equitable measure of economic and social justice."

 

ALN/ARO // ARO.

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