On the scope of measures to promote proper capital levels on companies was created an optional regime for the revaluation of tangible fixed assets and investment properties with the aim to provide equity reinforcement allowing simultaneously tax deduction on the arising depreciation increases.

Revaluations should report to December 31, 2015 or to the end of 2015 economic period when it does not matches the calendar year.

The tax effect will be reflected into the enforcement of a special autonomous tax rate on the fiscal revaluation reserve, allowing tax deduction for  the arising depreciation increase.

See here Law-Decree n.º 66/2016, November 3