Joaquim Pedro Lampreia and Ricardo Seabra Moura's article in the Iberian Lawyer

Joaquim Pedro Lampreia and Ricardo Seabra Moura, Vieira de Almeida & Associados (VdA)'s lawyers from the Tax Area of practice are the authors of an article published in Iberian Lawyer on June 29th regarding the flat rate corporate income tax applicable on bonuses paid by corporate entities to their board of directors members under the Portuguese State Budget Law for 2010, which has entered into force in April 29th, 2010. This late entry has raised many doubts as to whether such taxes could be applied to bonuses paid or assessed between January 1st, 2010 and April 28th of that year under the (i) retroactive taxation principle forbidden by the Constitution of the Portuguese Republic and (ii) the recent jurisprudence the Portuguese Constitutional Court on this matter.