Bulgaria proposes 33% windfall tax in 2027 draft budgetary plan
Bulgaria submitted its Draft Budgetary Plan for 2027 to the European Commission and the Eurogroup on 15 October 2026. Proposed tax measures include a 33% windfall profits tax for companies in certain sectors, personal income tax relief, mandatory
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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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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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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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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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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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Poland: 2027 budget raises corporate and excise taxes, eases middle-income PIT
Poland's Council of Ministers adopted the draft 2027 budget act on 29 September 2026, introducing changes designed to ease the tax burden on middle-income earners while strengthening support for families and pensioners. The new budget allocates
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Thailand proposes pay-first, refund-later excise tax rules for tobacco exports
Thailand’s Excise Department has announced a public hearing for a new regulation that changes how export taxes work for tobacco products. Under the current system, companies get immediate tax exemptions for goods destined for foreign markets.
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Saudi Arabia: ZATCA issues deadline reminders for VAT, excise tax returns
Saudi Arabia’s tax authority, the Zakat, Tax and Customs Authority (ZATCA) has released two press releases reminding businesses in Saudi Arabia of the 30 September 2026 filing deadline. One covers VAT returns for August 2026. The other covers
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Canada extends federal fuel tax relief through March 2027
Canada’s Department of Finance has introduced Bill C-38, the Canadian Fuel Affordability Act, on 22 September 2026, extending a temporary suspension of the federal fuel excise tax that began on 20 April 2026, responding to elevated fuel costs
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Thailand considers excise tax cuts on petroleum products
Thailand’s Finance Minister Ekniti Nitithanprapas said on 21 September 2026 that the government was considering cutting excise taxes on certain petroleum products to ease cost-of-living pressures caused by the energy crisis. The proposed
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Netherlands unveils 2027 tax plan with corporate, VAT and PIT changes
The Dutch government presented the 2027 Budget, including the Tax Plan for 2027 (Belastingplan 2027), on 15 September 2026. Corporate adjustments From 2027, embedded currency hedging results on participation investments will no longer qualify
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Romania’s Ministry of Finance has confirmed a 25% reduction in excise duty on diesel for the period 16 September to 30 September 2026 in an announcement on 15 September 2026. This decision follows the bimonthly assessment process set out in Law
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Brazil expands fuel subsidies, cuts gasoline and ethanol taxes
Brazil's government announced fresh fuel relief measures on 9 September 2026, expanding diesel subsidies and cutting taxes on gasoline and ethanol. The move comes as crude oil prices remain elevated near USD 100 per barrel, driven by regional
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Philippines: DoF consults on ProGRESS tax reform bill incorporating global minimum tax
The Philippines Department of Finance (DoF) launched consultations on the ProGRESS Bill in Manila on 3 September 2026, gathering roughly 300 stakeholders from business, government, academics, civil society, and media to review the tax reform
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Argentina: Government defers fuel tax increases until October 2026
Argentina’s government has published Decree 829/2026 in the Official Gazette on 31 August 2026 to manage national fuel taxes. The legislation specifically targets the carbon tax and levies on liquid fuels such as unleaded gasoline and
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