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Constitutional Court Declares Non-Constitutional Rule of Additional Tax on the Bank

Summary by Observador
Additional tax on the banking sector was created in 2020 to finance social security, and since then it has been very challenged by the sector, maintaining itself to this year.

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Additional tax on the banking sector was created in 2020 to finance social security, and since then it has been very challenged by the sector, maintaining itself to this year.

·Portugal
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"The Government respects all the decisions of the courts" and "will carefully examine the foundations and consequences of the Constitutional Court's decision No 477/2025 which declared constitutionally the Addendum of Solidarity on the Banking Sector (ASSB) for the first half of 2020," said the ministry headed by Miranda Sarmento, in response to Lusa on whether the State will return the value paid by the banks in the period concerned.

·Portugal
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The additional tax on the rio banking sector was created in 2020, when the covid-19 crisis, to finance the Social Insurance and since then it has been very challenged by the sector. The Neg cios j had been leading this outcome.

·Porto, Portugal
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The Banking Sector Solidarity Addendum (ASSB) was created during the pandemic and gave the state's envelopes about 180 million in five years. TC chumped the savings made in 2020 by considering that it had retroactive effects.

·Portugal
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Jornal Expresso broke the news in Portugal on Friday, June 6, 2025.
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