IRS Reduction – Proposed Law n.º 1/XVI/1.ª

On the 19^th of April, the Council of Ministers approved the Bill amending the Personal Income Tax Code, which will then be discussed in Parliament. The aim of the proposal is to amend Article 68 of the Personal Income Tax Code, resulting in a generalized tax reduction, with the exception of the last income bracket, the only one not covered by the aforementioned Bill.