Tax & Revenue BOE Importance: 7/10

Canary Islands reduces taxes on fuel and basic food due to Middle East crisis

08 Jun 2026 Effective: 01 Jul 2026 216 views
Who is affected:
Companies, self-employed workers, farmers, transporters and consumers in the Canary Islands

Summary

The Government of the Canary Islands temporarily eliminates IGIC on fuel and expands the list of food at zero rate. It also raises the tax exemption limit for self-employed workers up to 50,000 euros.

Detailed analysis PRO

Decree-law 3/2026 of the Canary Islands adopts urgent measures in response to the differential impact of the Middle East crisis on the archipelago. A zero IGIC rate is applied to petroleum, derivatives, natural gas, biomass and firewood, and the refund of the Special Tax on fuel for farmers and transporters is increase…

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Full official title

Decreto-ley 3/2026, de 6 de abril, por el que se adoptan medidas como consecuencia de la crisis en Oriente Medio.

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Affected sectors

Hospitality & Tourism Self-employed SMEs Retail & Trade Agriculture Transport

Categories

Tax & Revenue Labour & Employment Corporate & Business Data Protection Social Security European Regulations Grants & Subsidies Other Regulations Public Sector Education Energy Agriculture & Fisheries Real Estate

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