Italy delays Plastic Bag Tax; implements EU Quick Fixes
Italy’s Council of Ministers have approved the 2022/24 budget, which included the following VAT and indirect tax measures:
- Introduce call-off stock amendment per the Four Quick Fixes. Italy was warned by the EU two months ago to enforce this
- Change in VAT rate on feminine hygiene products from 22% to 10%
- Delay in the plastic bag tax until 2023
- Introduce the EU Council directive under the excise tax regime
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