The Government of Portugal has announced that it will instruct the Tax Authority to "act unilaterally" in the absence of a consensus by the working group charged with preparing the recovery plan for support granted to companies licensed to operate in the Free Trade Zone of Madeira (ZFM).
Posts tagged as “zfm”
The European Commission concluded last week that the Madeira Free Trade Zone (ZFM) regime violated state aid rules, as it included companies that did not contribute to the development of the region, and in view of this Portugal must recover the support provided.