Before the vote, PSD parliamentary leader Hugo Soares requested a change to the proposed content, removing the simultaneous voting on the generality, specialty, and final global phases initially requested by the government for this coming Friday.
Parliamentary Affairs Minister Carlos Abreu Amorim, present at the plenary, supported this oral amendment request.
Under the new terms, which only call for urgent consideration of the proposal, the government’s request passed with only a PCP abstention.
The original text sought simultaneous voting on the draft law across all three phases—generality, specialty, and final global voting—but this will not occur following the introduced change.
The discussion and general voting on the government bill, which amends the Personal Income Tax Code, is scheduled for this Friday, July 4.
The bill entered parliament on Wednesday, proposing an additional 500 million euro reduction in IRS this year, decreasing by 0.5 percentage points between the first and third brackets, 0.6 points between the fourth and sixth, and 0.4 points in the seventh and eighth.
“New withholding tax tables reflecting the IRS rate reductions will be approved, retroactive to January,” the executive stated in the Council of Ministers’ communiqué that approved the bill.
The Expresso weekly reports that the government will attempt to implement the 500 million euro reduction at the start of August.
