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Taxation of unit linked life insurance policies under personal income tax in Portugal

31 March 2021
Taxation of unit linked life insurance policies under personal income tax in Portugal
Newsletters

Taxation of unit linked life insurance policies under personal income tax in Portugal

31 March 2021

An unit linked life insurance is a bilateral and onerous financial instrument, defined by Portuguese legislation as a structured savings instrument and also as a complex financial instrument, which can present advantages from a fiscal point of view, but that also implies the fulfilment of certain obligations, thus caution and prudence should be taken when subscribing this type of financial instrument.

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