Tiago Marreiros Moreira, partner at VdA's tax practice, quoted in an article on the ongoing work on Iberia's tax framework.

Although 2013 was a year of many reforms in the Iberian tax panorama, the lawyers foresee a 2014 not so much different. Regarding this matter, the Corporate Income Tax topic is approached, whose reduction on the one hand is positive for domestic business, but on the other hand is pejorative for those who "continue to pay taxes in Portugal when they do most of their business abroad."

Tiago Marreiros Moreira states that "some of the rules in the CIT Reform may respond to this concern and avoid the redomiciliation of Portuguese companies to other jurisdiction."