The Portuguese Government  has published the indexation coefficients for calculating capital gains or losses applicable to personal and corporate income tax.

These coefficients, which were announced in Ordinance 228/2024/1 on 7 November 2024, will be utilised to adjust the acquisition value of assets and rights sold in 2024, such as immovable property, provided that the ownership period exceeds 24 months.

The currency devaluation coefficients to be applied to assets and rights sold during the year 2024, whose value must be updated in accordance with articles 47 of the IRC Code and 50 of the IRS Code, for the purposes of determining the taxable amount of the aforementioned taxes, outlined in the Ordinance.