Amadora maintains minimum IMI rate on urban buildings and lowers IRS participation to 3.25%

Amadora City Council approved a proposal to maintain the minimum IMI tax rate of 0.3% on urban properties and reduce the municipal IRS participation rate from 3.5% to 3.25% for 2027. The plan also includes fixed IMI deductions for households based on the number of dependents (30 euros for one, 70 euros for two, and 140 euros for three or more) and a derrama tax exemption for small and medium-sized companies with an annual turnover up to 150,000 euros. The proposal must still be submitted to the Municipal Assembly for final approval.