The government is preparing a “transverse” in the IRC as part of the negotiations on the agreement on income and competitiveness and the state budget for 2023. The pledge was left this Sunday by the minister of Economy and the Sea, on the sidelines of the visit to Portuguese exhibitors at Micam, the shoe fair in Milan.
António Costa Silva, who initially advocated a “selective cut” of the tax, dependent on the reinvestment of profits, the commitment to technological innovation and the hiring of qualified young people, a measure included in the government program, acknowledges that the current situation requires global action. “Today, given the crisis we have, I think it would be extremely beneficial to have this cross-cutting reduction and see from there what impact it could have in the future,” he said, stressing that it’s “an extremely important will be a signal for the entire industry”.
Everything depends on the negotiations in the Social Dialogue. “I did not want to [aqui] anticipate what will happen when discussing the income agreement, but we will make proposals that I think are also very interesting for companies,” he said, defending that, with companies and unions in agreement, “we can make collective effort to overcome the crisis.
Currently, the corporate tax rate is 21%, and companies with more than 1.5 million in profit are also subject to the payment of a state surcharge, at an additional rate of 3% for profits of 1.5 and 7.5 million euros, 5% to 35 million and 9% above that. There may still be a municipal leakage (1.5%).
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Source: DN
