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Sugar tax can increase price of sweetened drinks by up to 1/3

19:58

Sugar tax can increase price of sweetened drinks by up to 1/3
Source: Pxfuel

Confederation Lewiatan estimates that after the introduction of the sugar tax planned by the government, the prices of sweetened beverages may increase by up to a third, while the competitiveness of enterprises would deteriorate, which in turn may translate into layoffs.

“The sugar tax has a purely fiscal dimension because its goal is primarily additional revenues to the budget. Entrepreneurs were completely surprised by it.

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