Incentives include series of reliefs starting with 100% exemption in first year of work
Portugal is proposing a novel way of stemming the country’s brain drain: a decade of progressive tax breaks for young people including paying nothing at all in their first year of work.
The centre-right minority government of Luís Montenegro is ditching a proposed 15% cap on income tax for 18- to 35-year-olds and replacing it with a progressive scheme similar to one supported by the opposition Socialists.
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