Tiago Marreiros Moreira (Partner), Francisco Cabral Matos, Joana Lobato Heitor (Managing Associates) and Rita Pereira de Abreu (Associate) wrote an article published in the Corporate Tax newsletter of the International Law Office, published by Law Business Research, on the withholding tax (WHT) applicable to dividends obtained in Portugal by EU investment funds.

“According to the Portuguese tax system, dividends distributed by Portuguese companies to non-resident investment funds are generally subject to withholding tax (WHT) at a 25% rate. The WHT may be reduced pursuant to a double tax treaty, insofar as the non-resident investment fund is eligible to claim double tax treaty benefits. However, no WHT is applied to dividends paid to Portuguese investment funds.”

Read the article here.