Food distributors ready to challenge government windfall tax in court
Label socialist stances as ‘questionable, populist and misleading’
In parliament today, Portugal’s PS government is whistling “proposed changes” to the 2023 state budget, rejecting almost all of them. Including “abolition of golden visa”, Advocated by PCP communists, The prime minister himself has already hinted … However obviously soon.
Thus, criticism of the Portuguese government “populist”, “misleading”, flat “i doubt it”, It’s nothing new. This is a characterization that can be applied almost every day.
Today, in particular, it is leveled by the Portuguese Food Distributors Association (APED). APED is surprised by the recent decision to apply yet another tax to this sector.
this is part of the idea ‘Windfall tax’ began to be proposed when the cost of living crisis hit – and is currently licensed and will be applied from this year.
APED feels that “enough is enough”.
report description, Portuguese food distribution already faces Europe’s heaviest tax burden (Like fuel…) APED is adamant that their distributors are not profiting in any way from the war or inflation in Ukraine. They face increasing production costs. Increased running costs – like every other company.
But… the truth is buried in so many debates these days. So no one knows how successful APED will be.
The SIC says, “For now, running this to the end could mean taking the country to court” (and most people with a working knowledge of Portugal , you know how long it takes).
Powerhouses such as Sonae, Jeronimo Martins, Ocean, Lidl, Mercadona and Intermarche have joined forces with clearly defiant intentions to make this tax dubbed “questionable, populist and misleading.” applies to all companies in the sector. Government decision.
https://www.portugalresident.com/food-distributors-ready-to-challenge-governments-windfall-tax-in-court/?utm_source=rss&utm_medium=rss&utm_campaign=food-distributors-ready-to-challenge-governments-windfall-tax-in-court Food distributors ready to challenge government windfall tax in court