Lithuania: STI issues guidance on 2027 excise duty rates
Lithuania’s tax authority, the State Tax Inspectorate (STI), which operates under the Ministry of Finance, has issued guidance on the excise duty rates that apply from 1 January 2027. The guidance was published on 16 October 2026 and signed by
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Germany: Federal Cabinet proposes excise tax on sugar-sweetened drinks
Germany’s Federal Cabinet approved a legislative proposal on 14 October 2026 to introduce a sugar-sweetened beverage tax, with the government aiming to reduce excessive sugar consumption, protect public health and stabilise statutory health
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Romania maintains diesel excise tax cut through October 2026
Romania’s Ministry of Finance announced on 15 October 2026 that it has extended the temporary 25% reduction in excise duty on standard diesel for 16-31 October 2026. This continues support measures introduced under Law no. 162/2026, which
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Sri Lanka abolishes land lease tax (LTT) for foreign buyers
Sri Lanka’s government has scrapped the land lease tax (LLT) that foreign buyers once paid on long leases. Foreigners still cannot buy land outright under the Land (Restrictions on Alienation) Act, so a lease of up to 99 years remains the only
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US: IRS suspends penalties on dyed diesel sold/used on highways
The US Internal Revenue Service (IRS) announced on 14 October 2026 that it will not impose penalties when dyed diesel fuel is sold or used on highways. The decision follows a presidential executive order on emergency tax relief for diesel
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Germany: Constitutional Court reviews business inheritance tax exemptions
Germany’s Federal Constitutional Court opened a hearing on a challenge to inheritance tax exemptions for business assets. Private assets can be taxed at up to 50%, depending on the heir’s relationship to the deceased and the value of the
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Bahrain: NBR revises excise refund threshold for re-exported goods
Bahrain’s National Bureau for Revenue (NBR) has published Version 1.2 of its Excise Guide on 6 October 2026, changing the minimum value of re-exported excise goods that qualify for a refund of excise. Under Section 2.7, excise paid on goods
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India: GST Council raises prosecution threshold, cuts penalties
India’s Goods and Services Tax (GST) Council approved changes to GST enforcement rules on 8 October 2026, removing the power of arrest for GST offences, raising the prosecution threshold and reducing the general penalty. The measures aim to
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Norway: Budget 2027 proposes personal tax relief, higher income thresholds, increased climate taxes
Norway’s newly unveiled 2027 Budget introduces a series of fiscal adjustments designed to foster economic growth, maintain fairness, and encourage employment while providing stability for citizens and enterprises. Key measures include personal
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Malaysia: Budget 2027 proposes MSME incentives, middle-income tax cuts, green investment measures
Malaysia’s Prime Minister and Minister of Finance presented the 2027 budget on 9 October 2026, outlining a strategic fiscal roadmap to drive sustainable economic momentum while easing cost-of-living pressures. Malaysia’s Budget 2027 targets
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Sweden proposes state aid recovery rules for tonnage tax regime
Sweden’s Ministry of Finance has published a draft bill on 1 October 2026 proposing special provisions on the recovery of state aid under Sweden’s recently improved tonnage tax regime. On 11 June 2026, the Swedish Parliament approved broad
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Sri Lanka reminds taxpayers to file September 2026 stamp duty return, make payments
Sri Lanka’s Inland Revenue Department, in a notice to taxpayers issued on 5 October 2026, has asked taxpayers to furnish the Statement of Stamp Duty Compounded and make the stamp duty payment for the quarter ending 30 September 2026 on or before
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Ireland: Revenue updates guidance on reduced capital gains tax rate
Irish Revenue issued eBrief No. 142/26 on 6 October 2026, announcing updates to the tax and duty manual on the capital gains tax rate. The updated tax and duty manual Part 02-03-01A reflects the 2% reduction in the standard rate of Capital Gains
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Dominican Republic enacts comprehensive games tax and regulatory framework
The Dominican Republic has enacted Law 86-26 regulating games of chance and establishing the General Directorate of Games of Chance (DGJA). Promulgated on 22 September 2026 and published in Official Gazette No. 11263 on 2 October 2026, Law 86-26
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Georgia increases property tax exemption threshold to GEL 100,000
Georgia has introduced amendments to the Tax Code, on 28 September 2026, which significantly alter property tax obligations for middle-income families. The amendments became effective on 30 September 2026 and applies retroactively to the 2026 tax
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Luxembourg proposes lower corporate tax rate in 2027 state budget
Luxembourg's government presented the 2027 State Budget draft bill (draft Budget Law No. 8800) to parliament yesterday, 7 October 2026. It proposes a reduction in the corporate income tax (IRC) rate and a new income tax table. The bill also
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Ireland introduces Pillar Two amendments, business incentives in Budget 2027
Ireland’s Department of Finance published Budget 2027 on 6 October 2026. The key tax measures are as follows: Corporation tax administration Budget 2027 introduces changes to preliminary corporation tax rules to provide greater
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Poland extends fuel price relief through year-end
Poland's Ministry of Finance and Economy has introduced another round of tax cuts on motor fuels on 2 October 2026. The latest tax round goes into effect on 3 October 2026. The reductions apply until 31 December 2026. The Value Added Tax
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