PORTUGAL Law and Practice Contributed by: Miguel Durham Agrellos, Paulo da Rocha Pichel and Ricardo Pereira Amaro, Durham Agrellos
10. Charitable Planning 10.1 Charitable Giving
10.2 Common Charitable Structures See 10.1 Charitable Giving .
Foundations are the most commonly used structures for charitable planning. Foundations that qualify as “public utility foundations” may benefit from a wide range of tax benefits. In particular, public utility foun - dations may be CIT-exempt and donations made to these foundations may be considered a deductible cost-plus for CIT purposes, or as a tax allowance for PIT purposes. Furthermore, donations to these foun - dations may also be exempt.
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