Fuels: Law Extending Discount in the ISP Until the End of the Year Has Already Been Published
7 Articles
7 Articles
The measure, created after the beginning of the Middle East war, applies when the price of fuels rises more than 10 cents compared to the reference week of March 2026.
In practice, the discount corresponds to the return of the additional VAT collected by the State as a result of the increase in the price of fuels.
Law No 64/2026, which extends until December 31, 2026 the discount on the Tax on Petroleum and Energy Products (ISP), was published this Monday in Diário da República. The diploma has had retroactive effects since June 30. In practice, this discount amounts to the refund of the additional VAT collected by the State as a consequence [...]
Law No 64/2026 extends the refund of the additional VAT collected on fuels until 31 December. The diploma was approved unanimously in parliament and promulgated by the President of the Republic, with effect from 30 June.
The law extending the discount in the Tax on Petroleum and Energy Products (ISP) until the end of this year was published today in Diário da República (DR), ten days after it was adopted unanimously in Parliament. In practice, the discount corresponds to the refund of the additional VAT collected by the State by way of the increase in the price of fuels.
The extent to which the tax on petrol and diesel can be eased will remain until 31 December. The new law has been passed unanimously in Parliament and already has definite legal effects.
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