Plastic and sugar taxes: The introduction of these taxes could be postponed for the sixth time, following the latest postponement to 2024 in the last budget, majority parliamentary sources report. Plastic and sugar taxes are taxes on the consumption of single-use plastic products and taxes on the consumption of sugary soft drinks, respectively. These are two taxes with revenues of about 650 million euros, which have re-emerged as part of the “hunt” for resources to maneuver. These rules, introduced by the Conte 2 government at the end of 2019, never came into force and have been postponed until 2020. So much so that the hypothesis of their complete removal with the 2024 budget was brought to the agenda.
Two taxes added to the 2020 budget law, targeting the use of polluting single-use plastics and the consumption of unhealthy sugary drinks, quickly proved too complex to implement, sparking an outcry among companies in the two affected sectors. The plastic tax is a tax with a fixed value of 0.45 euros that manufacturers, importers and consumers must pay for every kilo of plastic product sold or purchased.
The sugar tax is a tax that affects the consumption of sweetened soft drinks, at a rate of 10 Euros per hectoliter on finished products and 0.25 Euros per kilo on products intended for use. after dilution.
Continue reading on Today.it…
Source: Today IT

Roy Brown is a renowned economist and author at The Nation View. He has a deep understanding of the global economy and its intricacies. He writes about a wide range of economic topics, including monetary policy, fiscal policy, international trade, and labor markets.