Are pallets going to be taxable also?

This year started with a modification of a law: a new law got introduced, according to packaging material. This affects pallets as well.

What does it mean in practice?

This means, that the product will be charged with Green Tax. Until now only packaging was taxable product, but from now on the packaging material itself. So until now the one was taxable who did the packaging, but from now on the one who produces the packaging material will be charged.

Basically until now (in the past) the existing green tax needed to be confessed by the first inland user, and according to the usage to pay that. Now, the first, who issues it on the market -in this case the manufacturer or the importer- has the responsibility.

So those organizations need to pay the Green Tax, who bring the product on the market for the first time.

How does it affect the partners of Golden Pallet?

Like the following:

  • If our partner is entitled, the new law allows to take the Green Tax payment responsibilities over. If our partner chooses this option, we can enter to an agreement, so the price of our products won’t include the Green Tax.
  • If our partners aren’t entitled to take the Green Tax over, no agreement can be done. Meaning: our company pays the Green Tax, but in this case we need to increase our selling price. Apart from the Green Tax our prices won’t be changed, so no price change will get effectuate because of production.

We hope you received a detailed information about the new tax changes.

If you have any questions with regards to this, please get in touch with us »

More news

Learn about special treatments and fumigation, and kiln drying and “Just in time” delivery system. The moisture content of our dried pallets max 20%, expectable like that: For packaging moisture...

More news »

Working capital financing – stock financing for pallet production Beneficiary: Golden Pallet Kft. Project title: Working capital financing – stock financing for pallet production Contracted grant amount: HUF 149,000,000 Project...

More news »

To be able to produce our products the best quality, we have a target to update our infrastructure and production technology continuously. We had an opportunity again, to have the...

More news »

Golden Pallet Ltd. Telefon: +36 (23) 446-000