Mexico Approves Tax on Sugary Drinks

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… Read More