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Value added tax – the general VAT rate in Portugal is 23%, however, there are 3 types of VAT rates (normal, intermediate and reduced) which are different in mainland Portugal, Madeira and Azores. The VAT is levied on the purchase of almost all goods and services. [1] [2] Stamp duty – is a consumption tax. It is the oldest tax in Portugal ...
Taxes in Portugal are levied by both the national and regional governments of Portugal. Tax revenue in Portugal stood at 34.9% of GDP in 2018. [ 1 ] The most important revenue sources include the income tax , social security contributions, corporate tax and the value added tax , which are all applied at the national level.
Portugal's central bank is the Banco de Portugal, which is an integral part of the European System of Central Banks. The largest Portuguese banks are Banco Comercial Português and the state-owned Caixa Geral de Depósitos. [138] Portuguese banks hold strategic stakes in other sectors of the economy, including the insurance sector.
Albano Augusto de Portugal Durão (1871–1925) 6 February 1922 26 August 1922 125 Eduardo Alberto Lima Basto (interim) (1875–1942) 26 August 1922 14 September 1922
It was established in 1935, as the successor of the Direcão-Geral de Estatística ('Directorate-General for Statistics') which had been created in 1896. The first population census known to be done in which is the Portugal of today was done in the year 1 AD by order of the Roman Emperor Caesar Augustus, covering the province of Lusitania.
The Portuguese national debt, the public debt of Portugal, or the debt of the public administrations of Portugal, as any other government debt, is the financial amount the Portuguese State owes, externally and internally, due to its various financial commitments. [1] Portuguese national debt, in percentage of GDP since 1991
The metropolitan area (Portuguese: área metropolitana) is a type of administrative division in Portugal. Since the 2013 local government reform, there are two metropolitan areas: Lisbon and Porto. [1] The metropolitan areas of Lisbon and Porto were created in 1991. [2]
Continental Portugal 327,667 km 2; Madeira Islands 446,108 km 2; Azores Islands 953,633 km 2; Total: 1,727,408 km 2; Portugal submitted a claim to extend its jurisdiction over additional 2.15 million square kilometers of the neighboring continental shelf in May 2009, [2] which would result in a marine territory of more than 3,877,408 km 2.