The proposal voted on in general, specialty and overall final, was voted against by Chega, BE and PCP, the Liberal Initiative abstained and the other parties voted in favour, with a request from the PSD asking for exemption from final drafting (which allows to speed up the process) was unanimously approved.

At issue is a proposed law that aims to transpose into national legislation the creation of a regime that guarantees a minimum global level of taxation for groups of multinational companies and large national groups in the European Union (EU) - the Pillar Two Directive.

Profits of large multinationals and national groups or companies with a combined annual turnover of at least 750 million euros will be taxed at a minimum effective tax rate that cannot be less than 15%.

According to the Secretary of State for Finance, the first declaratory and payment obligation is in 2026 by reference to the year 2024.