Annulment of the IMT exemption for real estate funds approved by Parliament – The Economic Journal

"It is false that he gave the power plant of Sines to EDP", guarantees former director general of Energy - The Economic Journal

The real estate investment funds (FII) will lose the exemption from the municipal tax on transmissions (IMT) in the acquisition of real estate. A proposal by the PCP to that effect was adopted today in Parliament, with the votes in favor of the PS and BE, as well as the Communist MPs.

The IMT exemption for the IFIs had already been canceled in 2016, but the decree in question had a flaw which in practice still allowed the IFIs to recover the tax they were paying in court. Through this new legislative initiative, the exemption will be definitively annulled.

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