PRA

José Moreira Simões

Associate | Tax

November 4, 2024

Is taxing wealth a solution?

A recent survey reveals that 79% of Portuguese people support an additional tax on high assets. According to a report by the European Greens, a 0.5% tax on large fortunes could generate 3.7 billion euros for Portugal, representing 1.55% of GDP.

José Moreira Simões wrote an article on the difficulties of taxation on large fortunes.

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