Change in plastic tax: in the last few days the senate is making some correction to the budget law that foresee a reduction of 70% of the plastic tax. there will probably be a reduction of the revenue of about 330 millions of euro in year 2020 (70%) and a strenghtening of its function to promote recycling, reuse and innovation.
Archive for tag: tax
Confindustria against the Plastic tax
Valter Caiumi, the president of Confindustria Emilia has expressed his disappointment against the introduction of Plastic Tax.
This tax, according to Caiumi, would affect the area emiliano romagnola, heart of the packaging valley, that hold the higher number of companies of the fund, 230 with more than 17.000 employees and an annual turnover of 5 billions of euros, equal to the 63% of the national turnover.