Why listed companies are anticipating dividends

Tiago Marreiros Moreira, head partner of VdA’s Tax practice, is heard by the Portuguese daily newspaper Jornal de Negócios on corporate movements due to the threat of reversal of the elimination of double taxation regime on profits in IRC.

"Even if they increase to 10% to cope with the possible revision of the law, in order to benefit from the scheme, they will have to wait two years to receive the dividend. Otherwise, they will suffer a significant financial impact because they can only claim a refund of the paid tax when the dividends are paid within this period", states the partner.