Introduces A New Irs Rate (Amounting To 45%) To Taxable Persons Or Households Who Earn Annual Revenues Of More Than (Euro) 150 000
Original Language Title: Introduz uma nova taxa de IRS (no valor de 45 %) para sujeitos passivos ou agregados familiares que obtenham rendimentos anuais superiores a (euro) 150 000
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PRESIDENCY of the COUNCIL of MINISTERS a proposal of law No. 15/XI explanatory memorandum the stability and growth Programme for 2010-2013 provides for the consecration of a new rate of personal income tax (IRS), amounting to 45%, for taxable persons or households that obtain an annual value of income exceeding € 150 000. This is a measure of temporary and extraordinary application that aims to promote fair and equitable sharing of the economic recovery effort and consolidation of public accounts, reinforcing the equity of the IRS. So: under d) of paragraph 1 of article 197 of the Constitution, the Government presents to the Assembly of the Republic the following proposal of law: article 1 Amendment to the code of the personal income tax the article 68 of the personal income tax, as designated by the IRS code, approved by Decree-Law No. 422-A/88 , 30 November, is replaced by the following: ' article 68 ... 1 - ... : PRESIDENCY of the COUNCIL of MINISTERS taxable income (in EUR) taxes (as a percentage) Normal (A) (B) up to more than 10.5 10.5000 4 793 4 793 to 11.3471 more than 7 250 13 7 250 to more than 23.5 18.5996 17 979 17 979 until 27.3039 of more than 41 349 41 349 34 to 59 926 36.5 30.1546 Of more than 59 926 until 64 623 40 30.8702 Of more than 150 000 to 64 623 42 37.2050 exceeding 150 000 45 2- ... .»
Article 2 transitional provision 45% rate provided for in the table of article 68 of the IRS code shall apply to the PRESIDENCY of the COUNCIL of MINISTERS income obtained between 2010 and 2013, inclusive. Article 3 entry into force this law shall enter into force on the day following that of its publication.
Seen and approved by the Council of Ministers of 22 April 2010 the Prime Minister the Minister of Parliamentary Affairs Minister Presidency
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