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However, the data also showed that the Soft Drinks Industry Levy- a tax introduced in 2018 to combat childhood obesity – has made progress. ... USA TODAY. Waves up to 30 feet forecast to rock ...
In the 2016 United Kingdom budget, the UK Government announced the introduction of a sugar tax, officially named the "Soft Drinks Industry Levy". The tax came into effect on 6 April 2018. [ 116 ] Beverage manufacturers are taxed according to the volume of sugar-sweetened beverages they produce or import.
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A sin tax (also known as a sumptuary tax, or vice tax) is an excise tax specifically levied on certain goods deemed harmful to society and individuals, such as alcohol, tobacco, drugs, candy, soft drinks, fast foods, coffee, sugar, gambling, and pornography. [1]
The "Soft Drinks Industry Levy", the UK's sugary drink tax proposed in 2016 and effective from 2018, was described by Member of Parliament Will Quince as "patronizing, regressive and the nanny state at its worst". [20]
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The American Beverage Association's lobbying efforts have recently skyrocketed, largely to finance the industry's opposition to legislators’ considering increased taxes on soft drinks given their impact on Americans' health. The Association has annually spent from $391,000 to more than $690,000 annually on lobbying from 2003 to 2008.