Changes to Portugal's Contractual Tax Incentives Published

On 31 October 2014, changes to Portugal's contractual tax incentives regime were published in the country's Official Gazette. The changes include:

• The maximum corporate tax credit amount that can be granted is increased from 20% to 25% of the eligible investment
• The following additional tax credits are introduced
  • A tax credit of 10% for qualifying investments in certain low income regions
  • A tax credit of 8% for qualifying investments that create new jobs
  • A tax credit of 6% for qualifying inv…