Law No. 64/2025, published on 7 November, amended Article 87 of the Corporate Income Tax Code (IRC Code), reducing general tax rates and establishing transitional rules for the gradual implementation of the new rates: for tax periods beginning during 2026, the rate will be 19%; during 2027, 18%; and from 1 January 2028, the rate of 17% will apply, as well as the new wording of Article 87 in its entirety.
