Autoridade Tributária Writes Off €12 Billion of 2025 Tax Debt as Incobrável — 41% of the €29.5 Billion Pipeline Sits in the Loss Column With the Conta Geral do Estado Anchoring the Step-Up From 2024
The Autoridade Tributária e Aduaneira classified €12 billion of the 2025 coercive-collection pipeline as 'dívida incobrável' — the technical Portuguese tax-administration term for receivables the AT has determined it no longer has the capacity to...