Temporary three-month VAT cut on petrol and diesel Aims to ease inflationary pressure from rising global energy prices Kenya has reduced VAT on key petroleum products from 16% to 8% (originally 13%), effective 16 April to 14 July 2026, under Legal Notice No. 69 issued
VAT set to 0% on gasoline, diesel and aviation fuel until at least 30 June 2026 Vietnam has again to shield its economy from surging oil prices following tensions in the Strait of Hormuz. Under Decision No. 482/QD-TTg, the government has extended a temporary 0%
European Commission warns Spain over fuel VAT cut from 21% to 10%, breaching EU VAT Directive rules on fuel supplies The European Commission has formally warned Spain that its emergency reduction of VAT on fuels from 21% to 10% is incompatible with the EU VAT
Ahead of 2027 VAT implementation, Goods & Services Tax rise The West African state of Liberia will increase its standard Goods and Services Tax rate from 12% to 13% from 1 May 2026. This was originally scheduled for 1 January 2026. The measure was announced
