‘The business sector expects stability, that is, a simple State Budget, without resorting to “budgetary riders” [non-financial and financial rules that go beyond the year of application of the budget], which includes measures to promote investment and maintain public account discipline,’ says Mafalda Alves, partner at SRS Legal.
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Diogo Feio, Tax Of Counsel at SRS Legal, believes that ‘the improvement in our public debt rating is a very positive sign at a time when Europe, particularly France, is showing signs of enormous turbulence, which requires prudence in determining budgetary options.’ The lawyer argues that it is essential to ‘ensure greater simplicity in accessing tax benefits, particularly for the use of European Union funds, as well as continuing to promote sustainable investment.’