EU: Overview of “plastics taxes”
“Plastics taxes” are quickly becoming a legislative discussion point in several regions and countries.
“Plastics taxes” are quickly becoming a legislative discussion point.
The use of environmental taxes to drive the sustainability agenda is on the rise and new regulations and legislation are being introduced on a global scale at a rapid pace.
While a “plastics tax” is not a new concept, it is quickly becoming a legislative discussion point in several regions and countries as governments implement various environmental protection methods to combat climate change and tackle waste and pollution.
Read a December 2022 report [PDF 906 KB] prepared by the KPMG member firm in the Netherlands that provides an overview of the following aspects of plastics taxes in the European Union:
- Background
- Action plan
- European approach
- How it works
- Member states’ contributions
- Country-specific legislation
- What it means for business
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