Portugal: Temporary reduction in excise duties on fuels
Reduced minimum rates apply until June 30, 2026.
Law No. 12-B/2026, which became effective on April 16, 2026, temporarily and exceptionally lowered the minimum unit rates of the excise duty on petroleum and energy products applicable to unleaded petrol and diesel.
The reduced minimum rates apply until June 30, 2026, after which the standard statutory limits are expected to be reinstated.
For more information, contact a KPMG tax professional in Portugal:
Ricardo Girão | rgirao@kpmg.com
Lídia Santos | lsantos@kpmg.com