Italy’s plastic packaging tax, which was set to enter into effect on 1 July 2021, has been postponed. It is expected that it will now come into effect in January 2022. The effective date for the tax has already been delayed several times.
The tax is aimed at single use plastics, with recycled plastics and compostable biodegradable plastics set to be exempt.
The amount of the tax is set at 0.45 €/kg. It is intended to apply to a wide range of products including bottles, bags and food containers made of polyethylene, tetra packs, packaging made from expanded polystyrene, rolls of pluri-ball plastic and plastic caps.
Source EY
Latest Posts in "Italy"
- Impact of Invoicing Without Payment: Understanding the Principle of VAT Formality
- Deadline Extended for Issuing Credit Notes in Insolvency Proceedings, Clarifies Italian Tax Agency
- Cultural Services Exempt from Taxation: Guided Tours Qualify, Bridge Crossing Does Not
- Delays in Contracts: Payments to Contractors Subject to VAT, Not Compensation
- Italian Tax Agency Confirms Exclusion of Asset Sales from VAT Deduction Pro Rata Calculation
