1. A reduction of 30% is applied to the rate laid down in Article 87(4) of the CIRC in force in each year, except for the rates laid down in points (d), (h) and (i) of that provision, which remain at 35%.
1 - À taxa prevista no n.º 4, do artigo 87.º do CIRC, em vigor em cada ano, é aplicada uma redução de 30 %, com exceção das taxas previstas nas alíneas d), h) e i) do referido dispositivo legal cuja taxa se mantém em 35 %.
2. A reduction of 30% is applied to the withholding tax rates laid down in Article 94(4) of the CIRC in force in each year.
2 — Às taxas de retenção na fonte previstas no n.º 4 do artigo 94.º do CIRC, em vigor em cada ano, é aplicada uma redução de 30 %.
3. Withholding tax that is final under Article 94(3) of the CIRC is subject to the corresponding rates laid down in the preceding article and in paragraph 1 of this article, where applicable, except for income taxed at a rate of 35%, in which case that rate is maintained.
3 — Às retenções na fonte que, nos termos do n.º 3 do artigo 94.º do CIRC, tenham caráter definitivo, aplicam-se as correspondentes taxas previstas no artigo anterior e no n.º 1 do presente artigo, quando aplicáveis, com exceção dos rendimentos que sejam tributados a uma taxa de 35 %, mantendo-se, nesses casos, essa taxa.
4. The other IRC rates laid down in the Corporate Income Tax Code remain unchanged for as long as they have not been amended by regional legislative decree.
4 - As restantes taxas do IRC, previstas no respetivo Código, permanecem inalteradas, enquanto não se mostrarem alteradas por decreto legislativo regional.
The 30% reduction of the Article 87(4) CIRC rate and of the Article 94(4) CIRC withholding rates, the 35% rates kept for Article 87(4)(d), (h) and (i), and the rule for final withholding in paragraph 3 are retained.
We set up companies in Madeira inside and outside the International Business Centre, run their accounts and compare the regional rates with the mainland and the 5% regime, in English. A written answer and a fixed quote within one working day.
Unofficial English translation prepared by BCA Portugal for reference. Only the Portuguese text published in the Diário da República has legal force. Editorial notes are ours and are not part of the statute.