VAT news tagged as "Sugary drinks tax"

Europe

Sugary drinks taxes

November 30th, 2015

Countries around the world are looking afresh at taxing high sugar content drinks in order to tackle growing levels of obesity and diabetes. Mixed global tax results A 10% sugary drinks tax has already been judged a success in Mexico, which has seen flat and even declines in consumption following the introduction of levies in 2014. …


France

France raises VAT on sugar drinks to 19.6% in 2012

October 2nd, 2011

France has put forward plans to increase VAT on non-alcoholic drinks in 2012. The announcement was made by Prime Minister Fillon as part of the 2012 Budget plans. The drinks included are: lemonade, fruit juices or nectar with added sugar. The Value Added Tax rate on these consumables will be recategorised from the reduced rate …