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New tax regime for Portuguese investment funds initiated

PORTUGAL: A new tax regime has been launched and approved by Decree Act/7 2015 for Portuguese Securities Investment Funds and Real Estate Funds, covering both investment funds with a contractual and corporate nature as well as the corresponding unit holders/shareholders. To summarize, under the new regime, most of the income obtained by Funds will become exempt from Corporate Income Tax ... Read More »

Portuguese container ship honoured with Gold-Headed cane

PORTUGAL: Valencia Express container ship, being the first ship to Montreal port has been awarded with Montreal’s 175th Gold-Headed Cane. Anuj Kararia, the captain of this ship will get the reward on behalf of Montreal Port Authority on Busset St. Montreal’s 175th Gold-Headed Cane award has been won by the Valencia Express container ship, the first ship to enter the ... Read More »