The Alcoutim Municipal Council decided to waive 5% of IRS to which it is entitled, applying the minimum IMI rate as a support measure for the municipality's families. This decision is part of a set of fiscal measures adopted by the municipality to help local residents.
The municipality in the interior of the Algarve, known for being one of the smallest in the country, thus seeks to mitigate the economic impact on families, especially in a territory frequently affected by desertification and economic difficulties.
With this measure, Alcoutim taxpayers may benefit from a reduction in municipal tax burden, which may represent significant relief for families with lower incomes. The municipality chose not to apply the maximum rate permitted by law in any of the municipal taxes.
This policy is part of a broader strategy to attract population to the interior and support the settlement of residents, something that has been a constant concern of municipalities in low-density territories like Alcoutim.
