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"
- Italian Supreme Court Rules Non-Deductible VAT on Non-Existent Transactions Not a Business Expense
- Legislative Decree on Third Sector, Business Crisis, Sports, and VAT: Proposed Amendments to VAT Deductions
- Company in Liquidation: VAT Deduction Allowed on Late Invoices for Liquidation Activities
- Resolution No. 50: Refund of Undue VAT (Article 30-ter of Presidential Decree No. 633/1972)
- Commercial Property Conversion to Residential: VAT Deduction Adjustment Required Under Italian Tax Law