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Beatriz Vale Rêgo on Muck Rack

Beatriz Vale Rêgo

As seen in: International Tax Review
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Articles

Portugal: New VAT relief, old urban rehabilitation worries

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By André Areias, Beatriz Vale Rêgo
| International Tax Review Verified
A forward-looking housing incentive Portugal’s latest housing tax package sends a clear policy message: tax policy is being deployed to tackle the country’s housing shortage. The centrepiece is a temporary 6% VAT rate for qualifying construction and rehabilitation contracts relating to residential property – whether intended for sale to owner-occupiers (up to approximately €661,000) or for residential letting (rent of up to €2,300 per month).
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