Tax

  • Garrigues named ‘Best Tax Team’ in the El Confidencial awards

    The firm has received this award in all the editions held to date

  • Key Points on Portugal's IFICI Tax Incentive for Scientific Research and Innovation Activities

    Since 2024, Portugal's IFICI tax incentive has provided a preferential tax regime for individuals engaged in scientific research and innovation. However, its implementation is highly complex due to scattered regulations, multiple eligibility categories, and intricate registration and verification procedures. This guide breaks down the key aspects of the regime, including eligibility criteria, tax benefits, registration requirements, and important deadlines for beneficiaries.

  • Portugal: Changes approved by the 2025 State Budget Law

    The State Budget for 2025 introduces tax measures focused on business competitiveness and increasing workers' wages.

  • Portugal: The new incentive for scientific research and innovation (IFICI) was finally regulated

    The IFICI is a tax incentive focused on attracting qualified talent to drive innovation and scientific research in Portugal.

  • Portugal Indirect Taxes Newsletter - N.º 2

    This edition covers key indirect tax developments in Portugal in the last months, especially regarding the postponing, from 2024 to 2025, of the extraordinary use of PDF invoices as electronic invoices and the Stamp Duty framework of financial operations carried out between branches and their headquarters.

  • Portugal: Update of the monetary devaluation coefficients for 2024

    The monetary devaluation coefficients applicable to assets and rights disposed of in 2024 have been published for the calculation of corresponding capital gains.

  • Portugal Indirect Taxes Newsletter - N.º 1

    This edition covers key indirect tax developments in Portugal in the last months, including the potential implementation in 2025 of the VAT groups regime and the uncertain adoption of the ViDA Directive. Also addresses some concerns related to recent rulings issued by the Portuguese Tax Authority on these matters and elaborates on the new atypical agreements trend within the real estate market.   

  • International Tax Review recognizes Garrigues as Firm of the Year in Transfer Pricing and Indirect Tax

    Besides being shortlisted for best firm of the year in all existing categories, Garrigues has been doubly recognized as Firm of the Year in Spain in the categories of Transfer Pricing and Indirect Tax. 

  • Portugal: The extraordinary contribution on local accommodation (CEAL) has been revoked

    Decree-Law no. 57/2024, of 10 September, revokes the extraordinary contribution on local accommodation (CEAL) and adjusts the taxation of capital gains resulting from the transfer of properties intended for own and permanent housing, as well as the taxation of rental income resulting from the lease of properties allocated to the same purpose.

  • Garrigues wins three awards from 'El Confidencial', including best law firm

    At the gala presentation of the II Edition of the El Confidencial Business Lawyer Awards, held last night in Madrid, Garrigues won three awards: Best Law Firm, Best Tax Team and Best Firm Lawyer by Fernando Vives, executive chairman of the firm.