Junho 17, 2020 | News

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New Extraordinary Investment Tax Credit (CFEI II)

17/06/2020 – According to Jornal Económico news, the super tax credit “benefits more small and medium-sized companies than large ones”.

The Minister of Finance guaranteed in Parliament today that the new Extraordinary Investment Tax Credit (CFEI II), foreseen in the Supplementary Budget proposal, does not benefit large companies. At issue is a kind of tax injection to counter the fall in investment, as was already done in 2013, which allocates 220 million to support companies that redirected production to needs related to Covid-19.

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