Tax Newsletter | State Budget for 2027

The Government has submitted the Draft State Budget Bill for 2027 to the Assembly of the Republic. In this newsletter, we highlight the measures with the greatest practical impact on businesses and individuals, distinguishing between what is genuinely new and what constitutes an extension or continuation of schemes already in force, whilst also pointing out areas where there may be uncertainty regarding their application.

This is an analysis by SRS Legal's Tax Department of the draft bill as presented; it is, of course, subject to amendments during the committee stage and the vote on the bill. We will monitor the progress of the bill and keep our clients informed.