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Know-How

The Tax Treatment of Tobacco and Similar Products in the 2020 State Budget Proposal

21-01-2020

On November 14th, 2019, the Portuguese Government presented, for approval of the Parliament, the 2020 State Budget Proposal. The document is now under discussion at the Parliament and its approval is expected to take place during the month of February. We hereby analyze the proposals regarding the taxation of tobacco and similar products.