Tiago Marreiros Moreira (Partner) and Filipe de Vasconcelos Fernandes (Senior Consultant) write an article entitled "The evolution of green taxation in Portugal", published by ITR - International Tax Review, in which they discuss the types of policy objectives aligned withgreen taxation in Portugal and predict upcoming changes.

“According to the European Commission, green taxes include taxes on energy, transport, pollution, and resources. This means that green taxes are a broader category than energy taxes, which are levied specifically on energy products and electricity used for transport, such as petrol and diesel, and for other purposes, such as fuel oils, natural gas, coal, and electricity used in heating. Therefore, green taxation must fit into a wider policy context that integrates a broad range of instruments, such as pricing instruments, subsidies, standards – including those related to environmental, social, and governance (ESG) objectives – and investment in public infrastructure.

Read the article here.