- Postponement Details: The effective date of Italy’s Sugar Tax on sweetened non-alcoholic beverages has been postponed from July 1, 2025, to January 1, 2026, as announced by the Council of Ministers on June 20, 2025.
- Compliance Requirements: Companies must prepare for compliance with the existing Ministerial Decree that outlines declaration, payment, and accounting requirements related to the Sugar Tax.
- Financial Impact Assessment: Businesses should assess the financial implications and operational adjustments needed for the new tax regulations to ensure smooth compliance by the new effective date in 2026.
Source EY