On 18 September 2014, Portugal's Council of Ministers approved proposed changes to the countries contractual tax incentives regime. Changes include:
- Increasing the maximum tax credit amount from 20% to 25%
- Introducing an additional tax credit of 10% for qualifying investments in certain low income regions
- Introducing an additional tax credit of 8% for qualifying investments that create new jobs
- Introducing an additional tax credit of 6% for qualifying investments contributing to technologica…