Portugal’s 2027 Budget Proposal Plans Corporate Tax Reduction to 18%

On 28 October 2026, Portugal’s Parliament approved the 2027 budget proposal at its first reading. The plan includes reducing the standard corporate tax rate from 19% to 18%, forecasting economic growth of 2.1% and targeting a budget surplus of 0.1% of GDP. The proposal still requires final approval on 24 November. These changes create opportunities for tax planning, financial forecasting and corporate advisory. HPC can support financial institutions and businesses with tax-impact modelling, portfolio analytics and financial risk systems.

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