The corporate income tax rate will gradually fall by two percentage points per year, until it reaches 15% at the end of the legislature, according to the Accelerating the Economy program, approved today by the Council of Ministers.
This reduction in IRC is one of the 60 measures included in the Accelerating the Economy program, approved today by the Council of Ministers, which met in Oliveira de Azeméis, Aveiro.
The gradual reduction of the IRC rate by two percentage points per year to 15% at the end of the legislature was foreseen in the government’s program and aims to boost economic growth and investment and the investment capacity of companies, with the government also justifying it as a way of improving wages.
