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Portugal: INEM Rate Confirmed at 2.5%

Edit Buliczka
July 16, 2026

Further to our previous alert of 8 June 2026, in which we reported a proposed increase in the INEM insurance levy from 2.5% to 3.5%, we can confirm that the increase has not been enacted.

The new INEM organic law was published on 16th July 2026 in the Diário da República. The published text contains no amendment to the rate. The levy rate charged on Life, Health, Accident and Motor insurance premiums remains unchanged at 2.5%.

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Author

Edit Buliczka

Edit Buliczka is a Regulatory General Counsel at Sovos EMEA specializing in Insurance Premium Tax. A Hungarian registered tax expert and chartered accountant with a background at Deloitte, KPMG, and AIG, she has been with Sovos since 2016, tracking IPT legislative changes across Europe.
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