Ghana: Parliament approves Excise Bill 2026 to overhaul beverage, alcohol taxation
Ghana’s Parliament passed the Excise Bill 2026 on 28 July 2026. The Excise Bill of 2026 is a comprehensive legislative proposal designed to overhaul the taxation of specific imported and locally manufactured goods in Ghana. The bill
See MoreRomania cuts diesel excise duty by 20% in response to market surge
Romania’s Ministry of Finance announced on 13 August 2026 that it has implemented a temporary 20% reduction in excise duty on standard diesel from 16 to 31 August 2026. The cut of RON 560.86 per 1,000 litres (or RON 663.75 per ton) lowers the
See MoreRomania: Personal imports of excisable goods subject to new frequency, quantity controls
Romania’s Ministry of Finance announced on 10 August 2026 that it has tightened rules on personal imports of excisable goods from other EU countries, with a joint order (Order 1613/03.08.2026) issued by its Customs Authority and tax
See MoreIndia: MoF issues new central excise notifications for petroleum products
India’s Ministry of Finance (MoF) has issued three notifications revising Central Excise duty rates on select petroleum products. The Department of Revenue issued Notification Nos. 40/2026-Central Excise, 41/2026-Central Excise and
See MoreUAE announces new minimum excise price for e-liquids starting September 2027
The Ministry of Finance has announced the issuance of a Decision on the minimum Excise Price for Tobacco Products and Liquids used in Electronic Smoking Devices and Tools. Under the Decision, the existing minimum Excise Price will continue to
See MoreRomania introduces temporary windfall tax, diesel excise cuts
Romania has gazetted Law No. 162/2026 on 4 August 2026. Law No. 162/2026 aims to manage a crisis state within the domestic oil and petroleum product markets. The law introduces strict commercial margin limits for fuel distributors and
See MoreGhana increases energy sector levies on fuel oils, introduces road fund charge
Ghana’s Parliament has passed and gazetted the Energy Sector Levies (Amendment) Bill 2026, amending the Energy Sector Levies Act, 2025 (Act 1135) on 31 July 2026. The Energy Sector Levies (Amendment) Bill, 2026 aims to update existing laws by
See MoreItaly temporarily cuts excise duty on diesel to combat fuel price surge
Italy has lowered the excise tax on diesel fuel to EUR 532.90 per thousand litres for 17 days, effective 7 August 2026, under Law decree No. 139/2026, which was published in the Official Journal No. 180 of 5 August 2026. The cut applies to gas
See MoreFinland proposes corporate tax cuts in draft 2027 budget
Finland’s Ministry of Finance announced the draft budget for 2027 on 6 August 2026, which includes several significant corporate tax measures. The government will review the draft budget during its budget session on 1–2 September, after which
See MoreTurkey introduces nuclear energy tax exemptions, establishes vehicle excise floorsÂ
Turkey has enacted Law No. 7590, introducing several tax measures, including reforms to the special consumption tax (SCT) on motor vehicles, new tax incentives for the nuclear energy sector, and an extension of employment support measures. The law
See MoreItaly: Temporary diesel excise cut returns as inflation pressures mount
Italy reintroduced a temporary excise duty cut on diesel on 27 July 2026 to ease fuel prices for households and businesses. The reduction brings state spending to EUR 125 million when combined with tax breaks for truck drivers and farming
See MorePoland raises e-cigarette excise tax to PLN 50 per unit, closes design loopholes
Poland's Council of Ministers approved an amendment to the Excise Duty Act on 21 July 2026, closing loopholes in how the government taxes e-cigarettes and vaping equipment. The new rules treat all vaping devices the same way regardless of their
See MoreNetherlands consults sugar tax reforms, proposes tiered levy on beverages and food products by 2030
The Netherlands Ministry of Finance has launched a public consultation on proposed sugar tax reforms on 16 July 2026. The proposals would replace the current flat-rate excise tax on non-alcoholic beverages with a tiered sugar-based tax and
See MoreKenya: KRA eliminates excise duty on bottled water
The Kenya Revenue Authority announced on 6 July 2026 that, under the Finance Act, 2026, which amends the First Schedule to the Excise Duty Act (Cap. 472), excise duty on bottled water has been abolished with effect from 1 July 2026. The announcement
See MoreQatar: GTA implements sugar-tiered excise tax on sweetened beverages from July 2026
Qatar’s General Tax Authority (GTA) has announced the implementation of a new Excise Tax mechanism on Sweetened Drinks, effective 6 July 2026, based on a Tiered Volumetric Model under which the applicable tax is calculated according to the amount
See MoreVietnam extends tax relief on fuel, qualifying raw materials through September 2026
Vietnam’s government has issued a Resolution No. 34/2026/NQ-CP dated 30 June 2026, which outlines the extension of tax incentives for specific energy products. The resolution mandates a continued period of reduced import duties, environmental
See MoreIndia revises fuel export duties, raises petrol levy while cutting diesel and ATF rates
India's Finance Ministry recalibrated its windfall gains tax on fuel exports through a revised notification on 1 July 2026, signalling a shift in its fiscal approach to petroleum product shipments. The adjustments, which took effect on 1 July
See MoreKenya: President assents Finance Act 2026, introduces reduced CIT
Kenya's President has enacted the Finance Act 2026, bringing amendments across multiple tax statutes effective from 1 July 2026. The Presidential assent was given on 24 June 2026. The Finance Act, 2026, does not raise taxes. Instead, it
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