‘The Invisible Tax’ (by Francisco Castro Guedes)

Francisco Castro Guedes, co-head of the Tax Law Department at SRS Legal, has written an opinion piece in *Jornal de Negócios* on the hidden costs associated with tax complexity.

In the article, he analyses the impact that excessive reporting obligations, procedures and administrative requirements can have on companies’ competitiveness, arguing that true tax simplification should result in lower costs, less bureaucracy and greater predictability.

As he points out, simplification does not merely mean reducing rules, but ensuring that companies know clearly how much, when and what obligations they must fulfil.

Read the full article by downloading the PDF.