The new legislation that has passed through the Federal Parliament and is now awaiting approval by the Federal Council concerns the introduction of single-use plastics levy. The legislation sets out the scope, levy principles, refunds, and penalties for a new levy that will be paid by businesses that place a product on the market for the first time. This will include distance sales, and the first payment is expected in the first quarter of 2025.
The German Federal Parliament approves the single-use plastics levy
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Germany
Author: Kristina Dosen
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Fiscal subject related
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454
Content accuracy validation date:
10.03.2023
Content accuracy validation time:
12:32h
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The levy is designed to help cover the cost of disposing of products that cannot be recycled or reused, such as single-use plastics, electronics, and batteries. It is part of Germany's wider efforts to reduce waste and improve sustainability, and it is expected to have a significant impact on businesses that produce or sell such products.
As the legislation awaits final approval, businesses are being urged to prepare for compliance and monitor any legal developments that may arise. They should also consider the potential impact on their operations, including supply chains and pricing, and take steps to adapt accordingly.
While the new levy is expected to be challenging for businesses, it is also seen as an important step towards a more sustainable future. As Germany continues to lead the way in environmental policy and regulation, it is likely that other countries will follow suit, making it even more important for businesses to prepare for the changes ahead.
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