The Plastic Tax is a Law
The Budget Law 2020 has been pubblished in the Official Journey at the end of Year 2019. Among the news, the much discussed Plastic Tax that will come into force on July the 1st, 2020. The fee has been fixed as 45 eurocents each kilo of product made with a single use of plastics (MACSI), except compostable Bioplastics and recycled material (in addition to medical devices and medicin packaging). The producers of the so called “MACSI” (products made by single plastic use) might benefit from a tax credit of 10% of the costs incurred from January 1st 2020 to december 31st 2020 for the technological adaptation aimed at the production of compostable products.