Insight

Opening Pandora's Box in Portuguese Tax Law

Diogo Ortigão Ramos discusses Cuatrecasas' 2019 "Law Firm of the Year" award for tax law in Portugal.

Cuatrecasas Law Firm of the Year Interview
Best Lawyers

Best Lawyers

March 29, 2019 09:55 AM

In an interview with Best Lawyers CEO Phillip Greer, Diogo Ortigão Ramos discusses Cuatrecasas’ 2019 “Law Firm of the Year” award for Tax Law in Portugal. Ramos leads the firm’s Portuguese tax law practice, and credits his team’s success with both their longstanding reputation in the market and their unique vertical structure, grouping over 300 lawyers of varying specialties together within their Portuguese and Spanish tax practice.

What achievements from this past year are you most proud of?

Diogo Ortigão Ramos: I feel most proud of our firm’s reputation and the way we have sustained that reputation with our clients. We are a longstanding but very innovative firm in the market, and expectations upon us are high.

One way we do this is by taking a boutique approach and making each client the most important client. This gives us the opportunity to assist in a wide variety of sectors and matters, like the acquisition of banks or the incorporation of funds. We recently advised on the acquisition of the most relevant real estate portfolio on the Portuguese market. We had the opportunity to work on this type of transaction because of our skills and our international reputation.

Your firm boasts more than 300 lawyers practicing tax law, all organized into specialized teams. How do these specialized teams give the firm a competitive edge?

Within certain practice areas, we can define where other, supplemental areas of law may be useful. For instance, we may group together teams focusing on corporate income tax or personal income tax with tax litigation. We organize things in terms of industry. For example, I lead the private client’s sector in our Portuguese office. Not all lawyers working with private clients are tax lawyers; the team also addresses questions of citizenship, immigration, visas, and real estate. Especially in cases where a private client has a trust or a foundation, legal needs go well beyond tax law.

I think this is the right way to organize the firm: with cooperation, flexibility, and pragmatism. This approach, combining vertical and horizontal specialties differentiates us.

How will the new budget law impact the 2019 tax season and tax law in Portugal?

Roughly four years ago, we had two tax reforms provoked by the old environment on corporate income tax and personal income tax. These reforms dramatically changed the economy for investors in Portugal. We have since created a dynamic and friendly tax system for companies that target Portugal as a place to invest.

Portugal was, in many ways, the first country to foster globalization. Ever since the 15th century, when we started to “discover the world”, reaching Brazil, India, and so on, we have nurtured multiculturalism. Historically, this explains Portugal’s friendly atmosphere which now has also a competitive tax system. Even U.S. companies may want to use it. In that sense, I think that the big reform carried out some years ago was very positive.

In what ways has technology affected tax law?

Obviously, technology allows us to be more efficient because we can use technology to aggregate and filter information. Nevertheless, even great software and fantastic machines cannot replace the human factor. The human factor is what gives us true value. The emotional side. To make the most of technological advances, we have to add value by using the human factor, with dedication and creativity.

Is there anything else that you would like to share with me about your firm, either from this practice area or from other groups the firm is particularly proud of?

Well, I think that because of the development and dynamism of the Portuguese economy, the real estate and tourism sector, as well as the financial sector, are all very active at this stage, generating work also for the tax practice.

Regarding the tax area, I would say that tax litigation is high demand, too. In Portugal, we put anti-abuse legislation in place a few years ago and we are suffering the first adjustment on the market. That opened Pandora's Box in terms of tax litigation, apart from the ordinary cases. Finally, I highlight the private client sector, which, due to the consistency of Portugal’s regime, is consolidating and becoming very recognized in the world.

Related Articles

A Startup Accelerator Program Sets Cuatrecasas Apart


by Best Lawyers

Miguel de Almada and Frederico Bettencourt Ferreira from the Portuguese firm discuss their 2019 "Law Firm of the Year" award for Litigation and Arbitration.

Cuatrecasas "Law Firm of the Year"

Announcing the 2021 Best Lawyers in Portugal


by Best Lawyers

The results include an elite field of top lawyers and firms.

2021 Best Lawyers in Portugal

Paying the Price in P.R.


by Best Lawyers

Isis Carballo-Irigoyen discusses discuss intergovernmental relations, opportunity zones, and why a move to Puerto Rico to ease your tax burden likely won’t be as simple as you might think.

An Interview With McConnell Valdés

Great Rebuild


by Best Lawyers

Néstor Méndez discusses labor peace, junk-bond repercussions, and the laudable resilience of those who call this storm-battered island home.

An Interview With Pietrantoni Méndez & Alvare

Why Cariola Díez Pérez-Cotapos Developed Its Own Legal Tech


by Best Lawyers

Juan Pablo Matus of Cariola Díez Pérez-Cotapos, 2019 "Law Firm of the Year" award for Corporate and M&A Law in Chile, discusses his firm's joint venture with Cognitiva in creating Lexnova, a legal AI system.

Cariola Díez Pérez-Cotapos Interview

Baraona Fischer & Cia on the Changes Coming to Tax Law in Chile


by Best Lawyers

Juan Manuel Baraona of the 2019 "Law Firm of the Year" award-winner for Tax Law in Chile discusses forthcoming regulations, career highlights, and his secrets to success in an interview with Best Lawyers CEO Phillip Greer.

Baraona Fischer & Cia LFOTY

Technology and the Changing IP Climate in Mexico


by Best Lawyers

Roberto Arochi discusses Arochi & Lindner’s 2019 “Law Firm of the Year” award for Intellectual Property Law in Mexico in an interview with Best Lawyers.

Arochi & Lindner "Law Firm of the Year" Q&A

Portugal Is Legislating Its Way to a Fairer Workplace


by Best Lawyers

Pedro Pardal Goulão of Morais Leitão discusses the big changes coming to Portugal in his "Law Firm of the Year" interview.

Gender Equality Law Portugal

Lecher Pays


by Ann E. Evanko and Katherine L. Wood

Can social change be sped up via legislation? A key provision of the recent tax-law overhaul, clearly written with #MeToo in mind, suggests it can.

Social Change Amid #MeToo

How PLMJ's Unique Structure Shapes Its Insolvency Practice


by Best Lawyers

A leading attorney with the 2019 "Law Firm of the Year" winner for Insolvency and Reorganization Law in Portugal speaks to Best Lawyers CEO Phillip Greer.

PLMJ "Law Firm of the Year" Interview

How AEQUO Is Embracing Legal Tech


by Best Lawyers

Anna Babych discusses AEQUO's 2019 Ukranian "Law Firm of the Year" award in Mergers & Acquisitions Law with Best Lawyers.

AEQUO "Law Firm of the Year" Interview

Thomas Thalhofer of Noerr on the Future of German IT Law


by Best Lawyers

Noerr received the 2019 "Law Firm of the Year" award for Information Tehcnology Law in Germany.

GDPR's Impact on German Business

Brexit


by Charles Cardon, Carmen Maria Mozun Munoz, Tiago Ferriera de Lemos, and Lia de Pessoa Negrao

Attorneys from France, Spain, and Portugal weigh in on the effects that Brexit may have on their respective countries.

Brexit

Cyber School


by Elizabeth S. Fitch and Theodore M. Schaer

Cybersecurity and the Claims and Litigation Management Alliance’s School of Cyber Claims

Cyber School

The Litigation Finance Mass Tort Gold Rush


by Justin Smulison

Third-party litigation funding is transforming mass torts, propelling the high-risk area into a multi-billion-dollar industry

Gold coins with data chart backdrop

IN PARTNERSHIP

Trial Lawyers Fight to Protect Individuals from Abuse


by Esquire Bank

With Esquire Bank's financial support, Elise Sanguinetti was able to challenge and end the Forced Arbitration Act. Her legislation continues to help other trial lawyers attain justice for abuse survivors.

Lawyer Elise Sanguinetti Fights to Protect People from Abuse

Trending Articles

2025 Best Lawyers Awards Announced: Honoring Outstanding Legal Professionals Across the U.S.


by Jennifer Verta

Introducing the 31st edition of The Best Lawyers in America and the fifth edition of Best Lawyers: Ones to Watch in America.

Digital map of the United States illuminated by numerous bright lights

Unveiling the 2025 Best Lawyers Awards Canada: Celebrating Legal Excellence


by Jennifer Verta

Presenting the 19th edition of The Best Lawyers in Canada and the 4th edition of Best Lawyers: Ones to Watch in Canada.

Digital map of Canadathis on illuminated by numerous bright lights

Legal Distinction on Display: 15th Edition of The Best Lawyers in France™


by Best Lawyers

The industry’s best lawyers and firms working in France are revealed in the newly released, comprehensive the 15th Edition of The Best Lawyers in France™.

French flag in front of country's outline

Announcing the 13th Edition of Best Lawyers Rankings in the United Kingdom


by Best Lawyers

Best Lawyers is proud to announce the newest edition of legal rankings in the United Kingdom, marking the 13th consecutive edition of awards in the country.

British flag in front of country's outline

Announcing the 16th Edition of the Best Lawyers in Germany Rankings


by Best Lawyers

Best Lawyers announces the 16th edition of The Best Lawyers in Germany™, featuring a unique set of rankings that highlights Germany's top legal talent.

German flag in front of country's outline

Prop 36 California 2024: California’s Path to Stricter Sentencing and Criminal Justice Reform


by Jennifer Verta

Explore how Prop 36 could shape California's sentencing laws and justice reform.

Illustrated Hands Breaking Chains Against a Bright Red Background

Celebrating Excellence in Law: 11th Edition of Best Lawyers in Italy™


by Best Lawyers

Best Lawyers announces the 11th edition of The Best Lawyers in Italy™, which features an elite list of awards showcasing Italy's current legal talent.

Italian flag in front of country's outline

Combating Nuclear Verdicts: Empirically Supported Strategies to Deflate the Effects of Anchoring Bias


by Sloan L. Abernathy

Sometimes a verdict can be the difference between amicability and nuclear level developments. But what is anchoring bias and how can strategy combat this?

Lawyer speaking in courtroom with crowd and judge in the foreground

Things to Do Before a Car Accident Happens to You


by Ellie Shaffer

In a car accident, certain things are beyond the point of no return, while some are well within an individual's control. Here's how to stay legally prepared.

Car dashcam recording street ahead

The Push and Pitfalls of New York’s Attempt to Expand Wrongful Death Recovery


by Elizabeth M. Midgley and V. Christopher Potenza

The New York State Legislature recently went about updating certain wrongful death provisions and how they can be carried out in the future. Here's the latest.

Red tape blocking off a section of street

Find the Best Lawyers for Your Needs


by Jennifer Verta

Discover how Best Lawyers simplifies the attorney search process.

A focused woman with dark hair wearing a green top and beige blazer, working on a tablet in a dimly

Tampa Appeals Court ‘Sends Clear Message,” Ensuring School Tax Referendum Stays on Ballot


by Gregory Sirico

Hillsborough County's tax referendum is back on the 2024 ballot, promising $177 million for schools and empowering residents to decide the future of education.

Graduation cap in air surrounded by pencils and money

Key Developments and Trends in U.S. Commercial Litigation


by Justin Smulison

Whether it's multibillion-dollar water cleanliness verdicts or college athletes vying for the right to compensation, the state of litigation remains strong.

Basketball sits in front of stacks of money

Is Premises Liability the Same as Negligence?


by Jeremy Wilson and Taylor Rodney Marks

In today's age, we are always on the move, often inhabiting spaces we don't own. But what happens when someone else's property injures you or someone you know?

A pair of silhouetted legs falling down a hole with yellow background

Woman on a Mission


by Rebecca Blackwell

Baker Botts partner and intellectual property chair Christa Brown-Sanford discusses how she juggles work, personal life, being a mentor and leadership duties.

Woman in green dress crossing her arms and posing for headshot

Best Lawyers Celebrates Women in the Law: Ninth Edition


by Alliccia Odeyemi

Released in both print and digital form, Best Lawyers Ninth Edition of Women in the Law features stories of inspiring leadership and timely legal issues.

Lawyer in green dress stands with hands on table and cityscape in background