- Portugal may introduce VAT groups in 2025
- The Portuguese Government announced plans under the Program to Accelerate the Economy
- Details on the implementation of VAT groups were not included in the 2025 State Budget Proposal
- The VAT groups scheme would allow companies within a group to offset payable VAT against VAT credits from other group companies
- Companies in a VAT group would file a single VAT return, reducing their financial VAT burden
Source: taxand.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
