Japan’s plan to reduce the gap in taxes levied on the three main beer categories in the country is expected to first stimulate rapid new product innovation across the board, then also deliver a boost to the traditional beer segment in the long run, according...
Sugar taxation has remained the most effective for of food taxation when it comes to reducing diet-related diseases as compared to taxes on salt, saturated fat and junk food, according to a recent New Zealand study.
The Philippines is considering implementing higher sugar taxes as well as new taxes on ‘junk food’ high in sodium and trans fat to offset the costs incurred by the COVID-19 pandemic outbreak this year.
The Philippines Senate panel has recommended that a bill to increase taxes on alcohol and other ‘sin’ products under Phase 2 of the controversial TRAIN law be passed, amidst government lauding of the first phase’s success.
Reformulating products to reduce sugar can be a costly process. While the impact of sugar taxes on consumer behaviour is a moot point, they do provide the food sector with a financial incentive to trigger change.
The Philippines' Tax Reform for Acceleration and Inclusion (TRAIN) law, which includes a new sugar tax, came into effect at the turn of the year, bringing with it a wave of confusion in the Philippines' drink sector.
Portugal’s State Budget proposal for 2018 proposes a new tax on foods that have a high salt content – including potato chips, cereals and crackers – in an effort to curb the nation’s unhealthy consumption patterns.