Israeli Government Plans To Double Taxes On Single-use Plastics

       Recently, the Israeli government plans to double taxes on single-use plastics to curb plastic consumption. According to the Ministry of Finance and the Ministry of Environmental Protection, the increase in taxes will result in a 40% reduction in plastic consumption. If approved, the plastic tax may take effect in early 2022. The government has not yet determined the exact amount of the tax on plastics such as cups, plates, bowls, cutlery, and straws.