The Portuguese Official Gazette May 17 published Law No. 20/2023, amending various tax benefits. The law includes measures: 1) setting the reduced tax rates for motorhomes on a transitional basis under various terms; 2) excluding listed tax benefits from the minimum corporate income tax provisions, including a tax incentive regime for salary enhancement, a tax benefit for the net creation of jobs, and deductions for donations of food made to the state and various institutions; and 3) setting the reduced VAT rate for colored diesel, fuel oil, and respective mixtures. The law enters into force May 18 and takes effect ...
