VAT rate for infant products returns to 10%, sugar tax and plastic tax postponed to 2024

• The draft budget law for 2024 in Italy raises the VAT rate from 5% to 10% for certain products.
• The products affected include feminine hygiene products, infant formula, and certain food preparations for infants.
• Feminine hygiene products not included in a specific category will be regulated under a new provision.
• Infant feeding products, including powdered milk, will fall under a different provision.
• Diapers and child car seats may no longer receive reduced VAT rates.
• These changes are part of a limited scope reform, with a broader reform expected in the future.
• The 4% VAT rate for pasta, bread, and daily bakery products is confirmed.

Source: eutekne.info

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.

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