Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Economy

xchrom

(108,903 posts)

18. Portugal plans gradual company tax cuts from next year

Reply to Hotler (Original post)

Fri Jul 26, 2013, 07:53 AM

Jul 2013

http://uk.reuters.com/article/2013/07/26/uk-portugal-tax-reform-idUKBRE96P0F020130726

(Reuters) - Portugal's government promised on Friday gradual cuts in corporate taxes from early 2014 as part of a fiscal reform aimed at boosting investment to help drag the bailed-out economy out of a deep recession.

The finance ministry said the plan was to cut the main corporate tax rate to 19 percent in the medium term from 25 percent now. Officials said concrete proposals for the reform to be carried out over the next five years, will be published next week, then discussed with business groups and the civil society.

Finance Minister Maria Luis Albuquerque told a briefing the plan is to make Portugal's company tax system "one of Europe's most competitive" via the reform that began under her predecessor and architect of Lisbon's austerity drive, Vitor Gaspar.

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

32 replies

= new reply since forum marked as read

Highlight:

Stock Market Watch, Friday July 26, 2013 [View all] Hotler Jul 2013 OP

That's fucking funny.. Hotler Jul 2013 #1

Hhhmmmm! Check this out. Hotler Jul 2013 #2

This message was self-deleted by its author Lugal Zaggesi Jul 2013 #3

Richard Wolff on Obama's "Drop Dead Detroit" moment. Fuddnik Jul 2013 #4

It's not even a bubble anymore...it's a poisonous fog of toxic waste Demeter Jul 2013 #5

The Frog Who Crushed the Planet By Greg Palast Demeter Jul 2013 #6

Why Did the Fed Refuse to Heed Warnings About Fraudulent Mortgage Lenders? Wm. K. Black Demeter Jul 2013 #7

Shocking Things Wall Street Financiers Say Off the Record About Their Bloated, Corrupt Industry Demeter Jul 2013 #8

Bank of America's Recipe for Getting Away with Massive Fraud, Racketeering and Money Laundering Demeter Jul 2013 #11

IN OTHER WORDS: Demeter Jul 2013 #12

"Doing God's work.".... Hotler Jul 2013 #24

This is only one example of why I've lost my faith in Kharma. Hugin Jul 2013 #27

I've also lost my faith in some statistical concepts like regression to the mean. n/t Hugin Jul 2013 #30

Japan consumer prices rise for first time in 14 months xchrom Jul 2013 #9

China unveils fresh measures to boost growth xchrom Jul 2013 #10

Chinese Wage Growth Is Slowing Significantly xchrom Jul 2013 #13

REPORT: There's A Letter Circulating In The Senate Supporting Janet Yellen As The Next Fed Head xchrom Jul 2013 #14

I'd like to think.... Demeter Jul 2013 #17

see ya, miss demeter! xchrom Jul 2013 #20

Investor Momentum In The Housing Market May Have Swung Too Far xchrom Jul 2013 #15

Anecdotal. westerebus Jul 2013 #28

Banks shiver as UBS swallows $885 million U.S. fine xchrom Jul 2013 #16

Portugal plans gradual company tax cuts from next year xchrom Jul 2013 #18

UK pay deals offer 2.5 percent wage increase in second quarter xchrom Jul 2013 #19

Yves Smith: A Pox on Optimists! DemReadingDU Jul 2013 #21

Optimism without some underlying Integrity is DELUSION Demeter Jul 2013 #31

Yves gets philosophical Demeter Jul 2013 #32

The Olympic legacy is that it proved public funding works xchrom Jul 2013 #22

US Futures in a downer mood Roland99 Jul 2013 #23

Local golf course buys 2 Hovercrafts DemReadingDU Jul 2013 #25

'An Anxious Continent': Walter Lacqueur on Europe's Decline xchrom Jul 2013 #26

From Billionaire to Millionaire in One Day DemReadingDU Jul 2013 #29