Parliament Approves the New Cultural Patronage Regime on Friday — Base IRC Deduction Lifted from 0.8% to 1% of Turnover, 130% Donation Multiplier Survives, and a New €60,000 Tax Credit Lands for Living-Artist Acquisitions
The Assembleia da República approved the new cultural-patronage regime on Friday, 9 May 2026, closing a reform negotiation between the Government and the PS that had been running through the year. The vote passed with PSD, CDS-PP, PS, Iniciativa...