Economy
2027 State Budget: Government expects to collect more tax revenue, except on corporate profits
The government's 2027 State Budget proposal, delivered on October 8, 2026, projects an overall increase in tax revenue of 4.2%. While corporate income tax (IRC) is set to decrease from 19% to 18%—resulting in a 1% drop in revenue from that source—revenues from IRS, fuel taxes (ISP), tobacco tax, and specific levies on the energy and banking sectors are all expected to rise.
Why it mattersWhile this proposal doesn't demand immediate action, the shift toward higher collection from fuel taxes, tobacco, and other direct levies suggests potential upward pressure on household costs throughout 2027.
CNN Portugal
