"Recent tax reforms attract investors to Portugal"

Tiago Marreiros Moreira and Francisco Cabral Matos, partner and associate respectively at the Tax practice, write an article in the Euromoney's Tax Advisers Guide 2014 about the recent tax reforms which attract investors to Portugal

The lawyers believe that "for several years Portugal faced difficulties in attracting foreign direct investment, partially due to the complexity of its legal and tax system, with direct impact on compliance costs and on the level of legal (un)certainty for foreign investors. In fact, government bureaucracy and taxation have been on top of the list of concerns reported by investors.".