Portugal's Tax Breaks Swell to €21 Billion in 2025, an Amount the Court of Auditors Says Escapes Real Scrutiny
The Tribunal de Contas (Court of Auditors) estimates Portugal forwent €21 billion in tax benefits in 2025 — 6.8% of GDP and about 37% more in real terms than in 2020. Reduced VAT rates make up roughly 60%, and the auditors want each break costed, justified and reviewed like direct public spending.
