TAX INCENTIVES FOR COMPANIES TO INVEST: THE PORTUGUESE CASE IN 2019

Authors

  • Jose Campos Amorim School of Accounting and Administration of Porto (ISCAP), Polytechnic Institute of Porto (IPP), Portugal
  • Benjamim Sousa School of Accounting and Administration of Porto (ISCAP), Polytechnic Institute of Porto (IPP), Portugal
  • Adalmiro Pereira School of Accounting and Administration of Porto (ISCAP), Polytechnic Institute of Porto (IPP), Portugal
  • Angela Vaz School of Accounting and Administration of Porto (ISCAP), Polytechnic Institute of Porto (IPP), Andrade & Brandão, Lda (expertise), Portugal

DOI:

https://doi.org/10.20319/pijss.2020.62.94110

Keywords:

Investments, Tax Benefits, Tax Incentives, Profit Investment, DLRR, RFA

Abstract

The allocation of tax incentives aims to stimulate the economy by reducing or exempting, directly or indirectly, taxes, thus allowing the reduction of the tax burden, but also attracting new investments in the key sectors of the economy, can be a way to develop a country. The recently approved Investment Tax Code in Portugal creates new rules for obtaining tax benefits, which it is important to know here and is the main object of study here. The results show that companies benefiting from this cab obtain considerable tax savings and tax efficiency. It is important to clarify the several options that the companied can have and what is the best solution. So, a review of the most important options is extreme relevant. This paper presents a group of examples that demonstrate the ways the companies can benefit with the incentives presents in the Portuguese law.

References

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Published

2020-07-18

How to Cite

Amorim, J. C., Sousa, B., Pereira, A., & Vaz, A. (2020). TAX INCENTIVES FOR COMPANIES TO INVEST: THE PORTUGUESE CASE IN 2019. PEOPLE: International Journal of Social Sciences, 6(2), 94–110. https://doi.org/10.20319/pijss.2020.62.94110

Issue

Vol. 6 No. 2 (2020): Regular Issue

Section

Articles

License

Copyright (c) 2021 Jose Campos Amorim, Benjamim Sousa, Adalmiro Pereira, Adalmiro Pereira, Angela Vaz

Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.

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