- Italy is introducing a plastic tax to reduce single-use plastic products, effective from July 1, 2024
- The tax targets manufacturers, importers, and users of single-use plastic items within Italy
- Taxable products include single-use items made with plastic materials
- Businesses must register, maintain records, and file quarterly returns to comply with the tax
- Penalties for non-compliance range from €250 to €2,500
- Businesses should prepare for implementation by adjusting pricing, supply chains, and internal processes
- The tax will cover transactions from July 1, 2024, impacting the latter half of the fiscal year.
Source: rtcsuite.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
