The Corporate Income Tax (CIT) rates applicable to the taxable income of companies headquartered in Mainland Portugal are reduced: It decreases from 21% to 20% for entities with their headquarters or effective management in Portuguese territory, regardless of whether they primarily engage in commercial, industrial, or agricultural activities.<\/p>\n\n\n\n
For taxpayers who directly and primarily carry out an economic activity of an agricultural, commercial, or industrial nature and qualify as SMEs or Small Mid Cap enterprises, the CIT rate applicable to the first \u20ac50,000 of taxable income decreases from 17% to 16%, with the 20% rate applying to the excess.<\/p>\n","protected":false},"excerpt":{"rendered":"
The Corporate Income Tax (CIT) rates applicable to the taxable income of companies headquartered in Mainland Portugal are reduced: It decreases from 21% to 20% for entities with their headquarters or effective management in Portuguese territory, regardless of whether they primarily engage in commercial, industrial, or agricultural activities. For taxpayers who directly and primarily carry […]<\/p>\n","protected":false},"author":1,"featured_media":4915,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-4917","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"\n