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RE: Portugal will overtake United Kingdom and France to become the next leader in Europe [ Business Analytics ]
The taxes in Portugal are not low. 23% VAT, 21% corporate tax, 34% income tax and besides that we have a very corrupt politic system and the companies don't have liquidity due to the hawkish tax system.
If it we had a more capitalist mentality we could be the Switzerland of Southern Europe. But the food, the weather and the people makes you forget all those disvantages
Thanks for the update.
good information