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Portugal, Tax Breaks
Portugal Attempts To Offset Brain Drain With Youth Tax Breaks
Over the past decade, thousands of young and educated Portuguese people have left the country in search of opportunities elsewhere in Europe.
Portugal seeks to become ‘tax haven for young’ in attempt to stop brain drain
Portugal is planning to become a haven for young adults by giving them a decade-long tax break in an attempt to curb brain drain. Under plans proposed by Portugal’s centre-Right government, workers under 35 would be exempt from paying income tax for the first year of their careers,
🔒 FT: Portugal seeks to become low-tax haven for young people
Portugal’s centre-right government is proposing a decade of tax breaks to stem the brain drain of young professionals.
Portugal bids to end brain drain with tax break for young people
Portugal’s government is offering a decade of progressive tax breaks to its young as it bids to keep the country’s 18-to-35-year-olds at home and reverse a future-sapping brain drain. Under the proposed scheme,
Portugal plans to become low-tax haven for young people
Portugal is planning to turn itself into a low-tax haven for young people by offering a decade of tax breaks to people starting their careers in an effort to halt a growing brain drain.
Portugal tries to tempt under-35s with tax cuts
The Portuguese government is proposing to slash taxes for under-35s in an attempt to dissuade young people from emigrating - and encourage foreigners to settle in Portugal. As part of the annual budget,
Portugal announces huge new incentive targeting expats with tax cuts
Prime Minister Luis Montenegro wants to see income tax lowered for under-35s, specifically those earning up to €28,000 (£23,400).
Portugal seeks to become low-tax haven for young people
Portugal is planning to turn itself into a low-tax haven for young adults by offering a decade of tax breaks to people starting their careers in an effort to halt a growing brain drain. The country’s centre-right government wants to reduce the income tax burden on young people for 10 years — including a first year in which no tax is due — under a plan that has few precedents in global fiscal policy.
FIRSTonline
2h
Portugal Becomes a Tax Haven for Young People: One Year Without Taxes and Discounts for the Next Ten
After long being a tax haven for pensioners, the country is now banking on a new financial law that offers significant tax advantages for young people under 35, aiming to retain them and incentivise ...
1d
Portugal's budget bill eyes faster growth, tax cuts for young people, firms
Portugal's centre-right minority government rolled out its first budget bill on Thursday, projecting a slight pick-up in ...
devdiscourse
1d
Portugal's Budget Battle: Balancing Growth, Surplus, and Tax Cuts
Portugal's centre-right government introduced its first budget, aiming for growth and a surplus, despite tax cuts and wage ...
8d
EU Sues Spain, Cyprus, Poland, Portugal for Failing to Implement Corporate Tax
PARIS (Reuters) - The EU Commission sued Spain, Cyprus, Poland and Portugal for failing to implement rules aimed at ensuring ...
7d
Portugal's government softens tax cut plans to approve 2025 budget
Portugal's minority centre-right government has watered down its proposals for two major tax cuts, aiming to convince the ...
devdiscourse
1d
Portugal's Bold Budget: Balancing Tax Cuts and Economic Growth
Portugal's centre-right government introduces a new budget with growth projections and a small surplus. Notable changes ...
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