Authorization to Amend the Investment Tax Code

Law No. 13/2026 of 16 April was published, authorizing the Government to amend the Investment Tax Code by extending the incentive regime of the System of Tax Incentives for Business Research and Development II (SIFIDE II) until 2026 and revoking the possibility of its indirect application through investment funds.

The legislative authorization, among other matters, authorizes:

i) The extension of the SIFIDE II regime until the 2026 tax period;

ii) Eliminate the possibility of indirect application of SIFIDE II through investment funds.

The authorization granted is valid for 180 days, and therefore an amendment to the Investment Tax Code is expected in the near future.

For further information, please contact us at jcg@ccsllegal.com

[Photo by: Sasun Bughdaryan, available at unsplash.com]