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Real Estate Rehabilitation: Tax Benefits (UPDATE 2022)

24 March 2022
Real Estate Rehabilitation: Tax Benefits (UPDATE 2022)
Newsletters

Real Estate Rehabilitation: Tax Benefits (UPDATE 2022)

24 March 2022

Recognizing the importance of rehabilitating heavily degraded urban areas, Portugal’s Tax Benefits’ Statute foresees several benefits that aim to encourage the acquisition of property in need of rehabilitation.

While these benefits mainly consist of property and transaction tax exemptions, certain CIT and PIT benefits regarding real estate income are also foreseen.

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