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Carlos Gouveia
Topics
Hulk can benefit from huge tax savings, but for that the Brazilian will have to return before December 31.
Like Pepe, also Hulk, if he returns to FC Porto, he will be able to benefit from the tax regime approved within the framework of the 2019 State Budgets.
This measure establishes that all former residents who return to Portugal between 2019 and 2020 and remain in the country for three to five years, are “excluded from taxation for 50 percent of income.”
This may be essential to reach an agreement with the Brazilian who, as is known, earns a salary in China that FC Porto cannot match: 1.5 million clean euros a year will be the maximum that the dragons can pay. However, for the Hulk to take advantage of this measure, he will have to live in Portugal again until December 31 of this year, and the tax benefit applies to income accrued until 2023. This is what is happening to Pepe , who returned to the country in January. 2019.
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