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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. For products subject to the tax, the percentage change ...
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]
Big Soda is a term used by the media [1] and various activist groups [2] to describe the soft drink industry as a collective entity. The term connotes the business and lobbying power of soft drink companies who, like Big Oil and Big Tobacco, would use that power to influence politicians and voters. [3]
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