Portugals government has presented the 2012 State Budget Law Proposal Proposta de Lei do Oramento do Estado para 20121 to the Portuguese parliament. Please find below the proposed main changes to the personal income tax rules that may impact international executives and their multinational employers. Employment Income Taxable Base Severance Payments The tax exemption [...]Related posts:Portugal Introduces New Additional 3.5% Surcharge on 2011 IncomePortugals State Budget Law for 2011Finland’s 2012 Budget