Joana Sequeira and Nadine Gomes sign an article published in the International Tax Review entitled ‘Portuguese investment income assessment rules on partial redemptions of unit-linked products’.

In this article, they analyse the recent evolution in the Portuguese Tax Authority's approach to the taxation of partial redemptions of unit-linked products.

The article explains that, although the income from investing in such insurance is subject to taxation at the time of redemption, the establishment of the respective tax base has proved to be a highly controversial issue, particularly in the case of partial redemptions, which is particularly important for insurance companies resident in Portugal.

• This article can be consulted here.