'Unrecoverable' tax debts rise 34% in a year

Portuguese taxpayers’ bad debts have risen 34% in the past year with over half of the amount attributable to debts of €250,000 or more.

The amount that is considered ‘uncollectable’ at the end of April was €3.92 billion, according to Fernando Rocha Andrade, the head of Tax Affairs.

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‘Unrecoverable’ tax debts rise 34% in a year