The Mexican Congress has approved a special product and services tax of 1 peso (£0.05) per litre of sugary drinks, including concentrates, powdered drinks, syrups, essences, and flavour extracts.
An additional 8% tax on foods with an energy content exceeding 275 kcal per 100 g was also approved.
The new taxes will take effect in January 2014.
- Mexico passes ‘junk food tax’ reform (themexicanpost.wordpress.com)
- Mexican Congress Passes Tax Bill With Higher Junk Food Levy (bloomberg.com)