OE2026: State tax revenue rises 3.8% to 36,953 ME by JulyPhoto by Nataliya Vaitkevich on Pexels
BusinessFaro

OE2026: State tax revenue rises 3.8% to 36,953 ME by July

SOL31 August 2026 at 16:58

Portuguese State Tax Revenue reached 36,953 million euros by July, representing an increase of 3.8% compared to the same period of the previous year.

In direct taxes, growth of 2.4% was recorded, driven mainly by the increase in net IRS revenue, the individual income tax.

The data refers to budget execution under the State Budget for 2026 (OE2026), covering the period until the end of July.

Related articles

Business

Algarve with positive balance at the end of the summer peak despite drop in demand

The Algarve ended the peak of the summer tourist season with a positive balance, despite the drop in tourist demand. International instability and rising prices caused a decline especially in the mid-range segment, but the destination managed to compensate with the growth of domestic tourists with higher purchasing power.

Now01/09/26, 19:46
Business

CIEE Rio holds employability drive at Center Shopping Rio this Wednesday

CIEE Rio holds its CIEE em Movimento program at Center Shopping Rio on Wednesday, in Jacarepaguá, West Zone of the city. From 10am to 4pm, on the L2 floor, 2,929 opportunities will be offered across the state, with 2,034 internship positions and 895 for apprenticeship, in addition to job openings for people with disabilities. The goal is to facilitate access to the job market, allowing attendees to register, update their data, receive guidance and referrals to available opportunities.

extra01/09/26, 19:36
Business

Will there be a strike by private school teachers in Rio this Wednesday (02)?

Teachers from private schools in Rio de Janeiro started a 24-hour strike this Wednesday (02), approved by Sinpro-Rio, as a way to pressure educational institutions for a salary increase. The decision regarding school operations varied: schools such as São Vicente, CEAT, Edem, Andrew, and Casa da Mangueira informed that they will not open, while Escola Parque, Cruzeiro, and Franco Brasileiro will keep classes open despite the absence of teachers. A protest is scheduled for Largo do Machado at 11am.

cbn01/09/26, 19:31
Business

Renewables up, but imports hit record highs

Electricity consumption in Portugal grew 3.1% in the first eight months of the year, driven by increased renewables, although energy imports reached historic highs. Nigeria and the United States were the main suppliers of natural gas, while Russia accounted for only 6% of supply, a significant decrease compared to the previous period.

Observador01/09/26, 19:31