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Extension of the Madeira Free Trade Zone Tax Regime
  • Portugal
  • September 14 2007

Originally established as an area for the duty-free importation of goods, the Madeira Free Trade Zone is now also an international centre for shipping and offshore financial services and trusts. If approved by the Portuguese Parliament, an extension of the zone's tax regime will allow companies incorporated in the zone before 2014 to benefit from favourable corporate tax rates until 2020.

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