Lei n.º 24/2020 de 6 de julho - Altera o Código do Imposto sobre o Rendimento das Pessoas Coletivas, transpondo parcialmente a Diretiva (UE) 2016/1164 do Conselho, de 12 de julho, no que respeita às assimetrias híbridas

This law updates the Portuguese Corporate Income Tax Code to implement EU rules regarding hybrid mismatches. It aims to prevent companies from exploiting differences in how different countries tax certain entities or financial instruments to avoid paying taxes. Portuguese companies and multinational groups operating in Portugal are affected. The changes ensure that tax benefits gained through hybrid mismatches are neutralized, promoting fairer competition and tax transparency within the EU.