- Portugal’s Socialist Party proposes a permanent VAT exemption on essential food items.
- The proposal aims to reduce the cost of living for families.
- The party plans to implement this if they form a government after the upcoming election.
- Additional proposals include creating permanent financing tools for public housing construction.
- The goal is to address the shortage of affordable homes.
Source: news.bloombergtax.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.
