Posted By Global Banking and Finance Review
Posted on June 20, 2025
ROME (Reuters) -Italy's contested tax on sugary drinks will be postponed again and will not come into force before early 2026, the co-ruling League party said on Friday.
The levy was originally due to be applied at the start of 2020, but a backlash from producers persuaded successive Italian administrations to repeatedly postpone its implementation.
Rome will now postpone its entry into force for another six months, to January next year, League lawmakers Riccardo Molinari e Massimiliano Romeo said in a statement.
Italy's cabinet was expected to adopt the decree needed to postpone the tax later on Friday.
(Reporting by Giuseppe Fonte, editing by Alvise Armellini)