Portugal has made the most of money laundering prevention, but the obligations are very unequally fulfilled. The non-financial sector has many flaws, which is more worrying in real estate and between lawyers and consultants, says the FATF, the body that oversees these matters.
The real estate company Estia SGPS, owned 50% by brothers Carlos and Jorge Martins (shareholders of Martifer) and which joined the PER with a liability of 110 million euros, will be contemplated with a 36% pardon by its main creditor and will only begin to pay what you owe 10 years from now.
The IMI is the municipal tax on the taxable value of rural and urban properties located in Portuguese territory and constitutes revenue for the municipalities where they are located.
The rule dictates that this tax applies to all rural and urban buildings, however, some exceptions are provided for in the law, under which the applicable rate may be reduced or, in some cases, even exempted (cf. , as an example, Article 44 of the Statute of Tax Benefits).