The Portuguese authorities is pushing ahead with the introduction of a minimal tax of 15 % for multinational and nationwide companies. This emerges from the bundle of measures that had been undertaken on the cupboard assembly on Thursday (July 4).
The decrease tax fee is likely one of the 60 measures within the authorities’s bundle to stimulate the Portuguese financial system. On the identical time, this additionally consists of the implementation of the EU directive on the minimal tax on the income of multinational corporations and huge nationwide companies.
Portugal has fallen behind in altering the directive and the European Fee has launched infringement proceedings.
Portuguese Finance Minister Joaquim Miranda Sarmento indicated on the press convention after the cupboard assembly that the implementation “ought to have occurred by the top of 2022. It’s already a yr and a half late.”
Consequently, “does [die Regierung] “One thing that the Portuguese state ought to have finished already and that requires multinational corporations to pay the bottom stage of taxes,” he stated.
EU laws got here into impact on January 1 to introduce a minimal efficient tax fee of 15 % for big corporations working in EU member states. It impacts multinational corporations and huge nationwide companies with a complete revenue of greater than 750 million euros per yr.
The EU directive adopted the worldwide settlement reached by the G20 and the OECD. It goals to “improve equity and stability within the tax panorama within the EU and world wide [zu schaffen]”by limiting the race to the underside in company tax charges and lowering the motivation for corporations to shift income to low-tax international locations.” The EU Fee pointed this out after they adopted the directive.
[Bearbeitet von Kjeld Neubert]
2024-07-05 08:34:01
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