Italy will delay its controversial taxes on sugar and single-use plastics until 2023, Finance Minister Daniele Franco said Thursday.
The taxes, which amount to 45 cents per kilo of plastic and 10 euros ($12) per gallon of beverages containing added sugar, have been opposed by manufacturers since they were first approved during the 2020 budget cycle. The taxes have been postponed several times already because of the Covid-19 crisis.
- The latest delay comes as part of the 2022 budget bill approved Thursday by the Council of Ministers.
- The bill also applies a reduced value-added tax rate for feminine hygiene ...