Business Operations in Portugal (Portfolio 7310)

Bloomberg Tax Portfolio, No. 7310, Business Operations in Portugal, contains information designed to enable U.S. and other foreign investors to understand the commercial and tax law likely to be of concern to them when conducting their operations in Portugal.

The Portfolio analyzes in detail the statutory and procedural framework relevant to foreign investment in Portugal, as well as the general aspects of corporate law that may help a foreign investor to choose the best investment structure.

The Portfolio also provides a detailed analysis of the Portuguese income tax as it applies to individuals, corporations, and partnership-like entities. It also discusses value- added tax, stamp tax, real estate transfer tax, real property tax, Social Security contributions, and other taxes on transactions and services, as well as local and regional taxes.

Table of Contents

I. Portugal – An Overview
II. Operating a Business in Portugal
III. Forms of Doing Business in Portugal
IV. Principal Taxes
V. Taxation of Domestic Companies
VI. Taxation of Foreign Companies
VII. Taxation of a Permanent Establishment
VIII. Taxation of Partnerships
IX. Taxation of Other Business Entities
X. Taxation of Individuals – Residents
XI. Taxation of Nonresident Individuals
XII. Estate/Inheritance/Transfer and Gift Tax
XIII. Intercompany Pricing
XIV. Special Provisions Relating to Multinational Companies
XV. Avoidance of Double Taxation