António Pedro Braga is the author of the opinion article entitled " A recent EU case on UCITS and Portuguese reits: the tax outlook for foreign investments in these vehicles may have become even brighter", published in the June issue of Vida Imobiliária.
The lawyer begins by putting into context “When the current special tax regime for UCITS (including financial investment funds and real estate funds) was introduced in early 2015, few would have guessed that it would have
the success and stability it has demonstrated to date. The previous regime, besides raising some practical difficulties in its application and being somewhat incoherent, was founded on a fiscal paradigm that was not aligned with
the international standard (...)".
Access the annex to read the full article.
