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The Ministry of Finance has its origins on the Comptrollerships of the Exchequer (vedorias da Fazenda) created in the 14th century to run the State's financial affairs. After 1584, the comptrollerships are replaced by the Council of the Court of the Exchequer (Conselho do Tribunal da Fazenda). In 1761, the Royal Treasury (Erário Régio) is ...
Taxes in Portugal are levied by both the national and regional governments of Portugal. Tax revenue in Portugal stood at 34.9% of GDP in 2018. [ 1 ] The most important revenue sources include the income tax , social security contributions, corporate tax and the value added tax , which are all applied at the national level.
The International Business Center of Madeira (IBCM) or Madeira International Business Centre (MIBC), formally known as the Madeira Free Trade Zone, is a set of tax benefits authorised by Decree-Law 500/80 in 1980, legislated [1][2] in 1986, and amended throughout the years by the Portuguese government to favor the Autonomous Region of Madeira.
The Portuguese Tax Code foresees aggravated withholding tax, 35% tax rate, on capital income (interests and dividends) deriving from black listed jurisdictions and an aggravated municipal property tax of 7% on property owned by entities located in said jurisdiction. Portugal's "blacklist" is defined by decree issued by the Minister of Finance ...
Alma mater. University of Porto. Fernando Medina Maciel Almeida Correia (born 10 March 1973) is a Portuguese economist and politician Socialist Party (PS) who served as Minister of Finance in the government of Prime Minister António Costa from 2022 to 2024. He previously served as Mayor of Lisbon from 2015, succeeding Costa, [1][2] to 2021.
Rank Region GDP in euros € % of GDP GDP per capita In euros € As % of Portugal average 1 Lisbon Metropolitan Area: 87,368,251,000 36.1% 30,462
www.cm-funchal.pt. Funchal (Portuguese pronunciation: [fũˈʃal] ⓘ) is the capital, largest city and the municipal seat of Portugal 's Autonomous Region of Madeira, bordered by the Atlantic Ocean. The city has a population of 105,795, [ 1 ] making it the sixth largest city in Portugal. Because of its high cultural and historical value ...
The Madeira archipelago is located 520 km (280 nmi) from the African coast, 805 km (430 nmi) from the closest point in the European coast (the Portuguese town of Sagres, in Algarve) and 1,000 km (540 nmi) from the capital of Portugal, Lisbon (approximately a one-and-a-half-hour flight). [52]
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