Autonomous Region of Madeira
Regional Legislative Decree No. 24/2016/M, of 28 June
Adapts to the Autonomous Region of Madeira the tax benefits approved in the Investment Tax Code, establishing: (i) the Tax Regime for Investment Support in the Autonomous Region of Madeira (RFAI-RAM); (ii) the Contractual Tax Benefits Regime for Productive Investment in the Autonomous Region of Madeira; (iii) the Deduction for Retained and Reinvested Profits Regime in the Autonomous Region of Madeira (DLRR-RAM); and (iv) the Tax Incentive Regime for Entrepreneurial Research and Development in the Autonomous Region of Madeira (SIFIDE-RAM).
Ministry of Finance
Ministerial Order no. 165-A/2016, of 14 June
Modifies the official tax form of the Contribution over the Banking Sector and also amends Ministerial Order 121/2011, of 30 March, which regulates this Contribution, following the amendments made by the State Budget Law for 2016 to the subjective and objective scope of assessment and to the range of the rates applicable to the basis of assessment of this Contribution.
Parliament
Resolution No. 118/2016, of 22 June
Recommends to the Government the adoption of measures for the automatic exchange of tax information and prevention of money laundering, in the context of the transposition of Directive (EU) 2015/849, of the European Parliament and of the Council, of 20 May, on the prevention of the use of the financial system for the purposes of money laundering or terrorist financing, and Council Directive (EU) 2015/2376 of 8 December 2015 amending the regulation regarding mandatory automatic exchange of information in the field of taxation.
