In today's data-driven world, the rapid advancement of generative artificial intelligence (AI) has emerged as a transformative force reshaping the landscape of data strategy and governance.

Recently, the Tax Authority released its interpretation of the higher IMI rate applicable to properties owned by companies that are controlled by entities with tax domiciles in countries, territories or regions subject to more favorable tax regimes, according to the list approved by order of the Minister of Finance.

Since January 1st, 2023, a new tax regime for crypto assets was introduced in the Portuguese tax law, with the most significant changes occurring at the level of Personal Income Tax (“PIT”). There were also changes at the level of Corporate Income Tax, Stamp Duty and Real Estate Transfer Tax, however, not discussed herein.