Portugal

Corporate taxation

The corporate income tax rate of 21%. Local and state surtaxes may also apply depending on the amounts of taxable profits.

In the Autonomous Region of Madeira and in the Autonomous Region of the Azores, the standard CIT rate is 14.7%. 

A reduced CIT rate of 17% (11.9% in the Autonomous Region of Madeira and in the Autonomous Region of the Azores) applies to SMEs and small-medium capitalization companies – Small Mid Cap – on the first EUR 50,000 of taxable income.

Transfer pricing

Article 63, number 13 of the CIT code regulates transfer pricing. Any commercial transactions, including transactions or a series of transactions related to goods, rights, services or financial arrangements between a taxpayer and another entity with which it has special relations must be conducted as if they were independent entities carrying out comparable transactions.

Links

Transfer Pricing Case Law

Case NameDescriptionDateCountryKeywords