- Final legislation regarding the Italian plastic packaging tax (PPT) will be published by the end of October 2021, a further postponement is also possible;
- Objective is to tax single use plastics The amount of the PPT is set at EUR 450/ ton (i.e. EUR 0.45 / kg) and it is aimed at single use plastics (e.g. containers, plastic wraps, plastic caps, plastic films used to wrap the materials on the pallets).
- Recycled plastics should be exempt from the PPT
- The amount of the PPT is set at EUR 450/ ton (i.e. EUR 0.45 / kg)
- Liability of the PPT could be manufacturers / importers / taxable persons performing intra-community acquisition of single use plastics. For non-Italian resident companies (e.g. Swiss / Irish entities) a fiscal representative for purposes of the PPT will be required.
- Quarterly filings and quarterly payments are expected. A refund procedure should also be in place for refunding the PPT paid for single use plastics that were not consumed in Italy (e.g. exported / supplied intra-community).
Source
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