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The Philippines considers taxing sugary soft drinks

The Philippines considers taxing sugary soft drinks, Asia packaging, Philippines packaging, beverage packaging, plastic packaging
PHILIPPINES -
The Philippine House of Representatives Ways and Means Committee has approved on first reading a bill that seeks to revise the excise tax on sweetened beverages including carbonated drinks.

Known as the “Soda Tax”, the House Bill 3365 is now up for 2nd reading before the plenary, and will affect sugary beverage products - defined as "a non-alcoholic beverage that contains caloric sweeteners, added sugar, or artificial/non-caloric sweetener."

The bill goes on to explain that such beverages “may be in liquid or solid mixture, syrup, or concentrates that are added to water or other liquids to make a drink."

This includes carbonated drinks (more commonly called soft drinks), fruit drinks, ades, sports and energy drinks, sweetened tea, coffee, and all ready-to-drink non-alcoholic beverages in powder form.

Excluded are… For the full story, subscribe to Packaging Business Insight Asia here.

 

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