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The Portugal Brief

The Portugal Brief

Autoridade da Concorrência Fines MEO, NOS, Vodafone and Accenture €13.35 Million for Coordinated TV-Recording Advertising Scheme — 30-Second Pre-Roll on Catch-Up Was the Common Inventory

Autoridade da Concorrência Fines MEO, NOS, Vodafone and Accenture €13.35 Million for Coordinated TV-Recording Advertising Scheme — 30-Second Pre-Roll on Catch-Up Was the Common Inventory

AdC closes the subscription-TV advertising case with €13.35M in fines — MEO settles at €4.2M, NOS €4.9M, Vodafone €3.8M and Accenture €0.45M for a coordinated 30-second pre-roll scheme on catch-up recordings. NOS and Vodafone are appealing; dismantling has 90 days.
The Portugal Brief
Triggering the Programa Regressar (Returning Resident Programme) in Portugal in 2026 — A Practical Guide to the Article 12.º-A CIRS 50% IRS Reduction, the €250,000 Income Ceiling, the Five-Year Non-Residency Window and the IEFP Relocation-Aid Pillar

Triggering the Programa Regressar (Returning Resident Programme) in Portugal in 2026 — A Practical Guide to the Article 12.º-A CIRS 50% IRS Reduction, the €250,000 Income Ceiling, the Five-Year Non-Residency Window and the IEFP Relocation-Aid Pillar

The Programa Regressar (Returning Resident Programme) is the umbrella label Portuguese authorities use for the package of fiscal and non-fiscal supports made available to former Portuguese residents — both Portuguese citizens who emigrated and any...
The Portugal Brief
Portugal M&A Tape Skids Through Jan-April 2026 With Deal Count Down 32% and Value Down 28% on TTR Data's Read — €1.3 Billion Across 141 Operations as Tech and Real Estate Tie at 21 Each and Spanish Buyers Lead Cross-Border Inflow

Portugal M&A Tape Skids Through Jan-April 2026 With Deal Count Down 32% and Value Down 28% on TTR Data's Read — €1.3 Billion Across 141 Operations as Tech and Real Estate Tie at 21 Each and Spanish Buyers Lead Cross-Border Inflow

The Portuguese mergers-and-acquisitions tape continued the sharp deceleration that took hold across the first quarter, with TTR Data's Jan-April 2026 reading (released 13 May and updated in the late-May / early-June Iberian-desk follow-ups) putting...
The Portugal Brief
Bial Shelves the BIA 28-6156 Parkinson Phase 2 Trial After the Trofa Pharma Reads No Efficacy Signal at the Primary Endpoint — Five-Year Disease-Modification Programme Folded as the Compound Misses Its Placebo Comparator

Bial Shelves the BIA 28-6156 Parkinson Phase 2 Trial After the Trofa Pharma Reads No Efficacy Signal at the Primary Endpoint — Five-Year Disease-Modification Programme Folded as the Compound Misses Its Placebo Comparator

Bial-Portela & C. (Bial), the Trofa-based family-owned pharmaceutical company that remains Portugal's largest independent drug developer, confirmed on Monday 9 June 2026 that it has discontinued the clinical development of BIA 28-6156 , the...
The Portugal Brief
Activating IRS Jovem (Young-Worker Income-Tax Relief) in Portugal in 2026 — A Practical Guide to the 35-Year Age Cap, the 100/75/50/25% Decade-Long Exemption Ladder, the €29,542.15 Annual Ceiling and the New Automatic-IRS Pathway

Activating IRS Jovem (Young-Worker Income-Tax Relief) in Portugal in 2026 — A Practical Guide to the 35-Year Age Cap, the 100/75/50/25% Decade-Long Exemption Ladder, the €29,542.15 Annual Ceiling and the New Automatic-IRS Pathway

This is a step-by-step practical guide to activating IRS Jovem (Imposto sobre o Rendimento das Pessoas Singulares Jovem — Young-Worker Income-Tax Relief) in Portugal for the 2026 IRS filing season, which runs from 1 April to 30 June 2026 and applies...
The Portugal Brief