OrbitaxBudget for 2011 – approved by Parliament
|Proposed Changes|Portugal
The Budget Bill for 2011 was approved by the Parliament on 26 November 2010. Details regarding corporate taxation, which unless otherwise indicated will apply from 1 January 2011, are summarized below.
| - | Dividends distributed by resident companies to EU and EEA parent companies are no longer exempt from withholding tax in Portugal in situations where the participation held is below 10%, even if the acquisition v… |