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The Portugal Brief

The Portugal Brief

EDP Refuses to Pay €335 Million in IRC and Imposto do Selo on the 2020 Douro Dam Sale to Engie — AT Closes Its Inspection Report 30 April, Helena Borges Holds a June Liquidation Target, Public Prosecutor Already Archived the Criminal File

EDP Refuses to Pay €335 Million in IRC and Imposto do Selo on the 2020 Douro Dam Sale to Engie — AT Closes Its Inspection Report 30 April, Helena Borges Holds a June Liquidation Target, Public Prosecutor Already Archived the Criminal File

EDP will not pay the €335 million the Autoridade Tributária has lined up over the 2020 sale of six Douro-basin dams to Engie. The IRC and Imposto do Selo bill follows a tax-inspection report closed on 30 April; EDP says it will fight the assessment in court.
The Portugal Brief
Chega Formalises a Parliamentary Inquiry Commission Into Operação Influencer Targeting António Costa Over Lithium, Hydrogen and Start Campus — PSD Refuses, So the CPI Walks Into the September Forced-Activation Window

Chega Formalises a Parliamentary Inquiry Commission Into Operação Influencer Targeting António Costa Over Lithium, Hydrogen and Start Campus — PSD Refuses, So the CPI Walks Into the September Forced-Activation Window

Chega formalised on Saturday its parliamentary motion for a Comissão Parlamentar de Inquérito (CPI) into the Operação Influencer case — the wiretap-and-search investigation that brought down the Costa government in November 2023 and that the...
The Portugal Brief
Braga's Token Trust Becomes the First CMVM-Authorised Tokenisation Platform for Portuguese Shares and Bonds — Paulo Cardoso do Amaral's DLT Issuance-Trading-Settlement Stack Targets the €10 Trillion Pool of European Low-Yield Savings

Braga's Token Trust Becomes the First CMVM-Authorised Tokenisation Platform for Portuguese Shares and Bonds — Paulo Cardoso do Amaral's DLT Issuance-Trading-Settlement Stack Targets the €10 Trillion Pool of European Low-Yield Savings

The Comissão do Mercado de Valores Mobiliários has authorised Token Trust, a Braga-based fintech, to operate Portugal's first regulated platform for the tokenisation of shares and bonds. The CMVM green light puts Token Trust into a category of...
The Portugal Brief
Castro Almeida Cuts Portugal's Industrial-Licensing Code From 600 to 200 Articles — Economy Minister Pitches 'Small Sines' Business Parks Across the Country and Revokes Multiple Decreto-Lei Diplomas to Accelerate Company Creation

Castro Almeida Cuts Portugal's Industrial-Licensing Code From 600 to 200 Articles — Economy Minister Pitches 'Small Sines' Business Parks Across the Country and Revokes Multiple Decreto-Lei Diplomas to Accelerate Company Creation

Manuel Castro Almeida walks into the week with the boldest deregulation pitch of the second Montenegro government's young life. The Minister of Economy and Territorial Cohesion told Jornal de Negócios at the weekend that he intends to cut Portugal's...
The Portugal Brief