Serious Allegations Against Mário Ferreira
Mário Ferreira, one of Portugal's wealthiest businessmen, has been accused of qualified tax fraud in the sale of the ship Atlântida to a Norwegian company. The Public Prosecutor's Office alleges that Ferreira utilized a corporate structure based in Malta to facilitate this transaction, resulting in an illegitimate advantage of one million euros in personal income tax (IRS) in Portugal, which was only declared after the fact.
Image: Mário Ferreira with the ship Atlântida after the formalization of the contract with Mystic Cruises, part of the Douro Azul group. (Credit: Miguel A. Lopes/Lusa)
Date of Accusation: April 16, 2025
Updated: April 16, 2025
The case has drawn significant attention, highlighting potential issues in tax planning and the use of foreign entities in business transactions. As the investigation unfolds, further details are expected to emerge regarding Ferreira's business practices and the implications for Portugal's tax regulations.
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