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Italy's plastic and sugar taxes have been postponed
Summary
As a reminder, the 2020 budget law introduced two new consumption taxes under the responsibility of the Customs and Monopolies Authority: the tax on the consumption of plastic products with single-use or " MACSI "(known as the "Plastic Tax ") and the tax on the consumption of sweetened beverages (known as the "Sugar Tax"). Both taxes have been postponed until 2024, according to new information from the Italian authorities and the draft budget law for 2023.
Content
As a reminder, "Plastic Tax" concerns the consumption of single use items made with (even partially) plastic materials that have, or are intended to have, the function of containing, protecting, handling, or delivering goods or food products. The "Sugar Tax" covers non-alcoholic sweetened beverages, meaning finished products and those prepared to be used as such after dilution, falling within the headings of NC 2009 (fruit juices, vegetables, and legumes) and 2202 (water with added sugar or other sweeteners or flavoring, and other non-alcoholic beverages) of the EU combined nomenclature, obtained by adding sweeteners.
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