Shaping a Greener Tomorrow Through Tax Excellence
With a particular focus on Green Taxes, such as Extended Producer Responsibility or Plastic Tax, we serve as the guiding light that transforms regulatory challenges into opportunities for eco-excellence.
What Are Green Taxes?
To change the narrative and meet sustainability goals, the EU Commission promotes transitioning to a circular economy through various EU Directives.
The transposed legislations of these directives are what we call Green Taxes.
Why Do Green Taxes Matter?
Protect The Environment
Green Taxes Supported by EcoTax
Extended Producer Responsibility (EPR)
Extended Producer Responsibility (EPR) is a policy framework that shifts the responsibility of the whole lifecycle of products placed onto the market to the sellers and manufacturers, or as the policy refers to, the producers.
Therefore, it places the onus on businesses to manage the disposal, recycling, or proper treatment of their products after they are no longer in use.
EPR aims to reduce waste, promote recycling, and encourage businesses and resellers to design/purchase products with a lower environmental impact.
Producers are obliged to finance collection and recycling programs after certain products are subject to EPR, as well as report the volumes that are first placed onto the market.
Any party who first places a product subject to EPR requirements in the country:
- if you manufacture a product subject to EPR requirements in the country, and/or
- if you import a product subject to EPR requirements into the country, and/or
- if you sell a product subject to EPR requirements in the country and you are not established in that country.
Plastic Tax is an environmental levy imposed on plastic packaging that does not meet specific recycling criteria. It applies to plastic packaging being imported, manufactured, or sold in the country.
Plastic Tax is designed to reduce the consumption of single-use plastics and encourage more sustainable packaging materials.
Depending on the jurisdiction, Plastic Tax usually applies at a rate per metric ton of non-recyclable plastic packaging where the threshold is met.
- Manufacturers of plastic packaging in the country, and/or
- Importers of plastic packaging in the country, and/or
- Intra-community buyers of plastic packaging in the country
The goal of these green taxes is to encourage producers and manufacturers to adopt more environmentally friendly practices, reduce waste, and promote recycling. By making these entities financially responsible for the environmental impact of their products, governments aim to create incentives for greener choices and reduce the environmental burden on society.
How to Become Green Tax Compliant
Non-compliance with green tax regulations can lead to the following consequences:
Fines and Penalties
Loss of Tax Benefits
Product Bans or Restrictions
It's important to note that the exact consequences of non-compliance can vary widely based on local regulations and the severity of the violation.
To avoid these consequences, businesses and individuals are encouraged to understand and comply with green tax regulations and
to adopt sustainable practices that align with environmental goals.
€150 per annum
€600 per annum
€1,800 per annum
E.g. if the reporting frequency is yearly in the selected category, the subscription fee is 150 EUR per year.