Portugal has announced plans to overhaul its corporate tax regime, a move that is expected to attract investment and boost economic growth. The new regime, which is set to come into effect from 2020, will lower the corporate tax rate from 26% to 23%. In addition, the country is also looking to introduce a new depreciation system for assets used in business. These changes are expected to boost Portugal's economy by 1.5% and create 2,000 jobs.