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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 ...
Flat tax of 20%. Flat tax of 16%. Any other job performed in Portugal. Normal progressive tax rates. Pensions. Foreign. Pension income obtained by non habitual residents abroad, which is, for the same portion which was considered taxable, not considered tax deductible in Portugal, is taxed at a 10% flat rate. Portugal.
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 ...
Alexandra Sarmento. Alma mater. University of Lisbon. Occupation. Economist. politician. Joaquim José Miranda Sarmento (born 7 August 1978) is a Portuguese university professor, economist and politician. He has been Minister of Finance since 2024, in the XXIV Constitutional Government, led by Luís Montenegro. [1]
Alma mater. Catholic University of Portugal. New University of Lisbon. Profession. Economist. Vítor Louçã Rabaça Gaspar (born 9 November 1960), GCIH is a Portuguese economist and former politician, who served as Minister of Finance and Minister of State in the XIX Constitutional Government of Portugal from 21 June 2011 [1] until his ...
Mário José Gomes de Freitas Centeno (born 9 December 1966) is a Portuguese economist, university professor, and politician. From 2015 to 2020, he was Minister of Finance of Portugal in the government cabinet of Prime Minister António Costa of the Portuguese Socialist Party (PS). He was the president of the Eurogroup and chairman of the board ...
The economy's growth has been accompanied by a continuous fall in the unemployment rate (6.3% in the first quarter of 2019, compared with 13.9% registered in the end of 2014). The government budget deficit has also been reduced from 11.2% of GDP in 2010 to 0.5% in 2018.
A ministry of finance is a ministry or other government agency in charge of government finance, fiscal policy, and financial regulation. It is headed by a finance minister, an executive or cabinet position . A ministry of finance's portfolio has a large variety of names around the world, such as "treasury", "finance", "financial affairs ...