In August ‘17 Cook County, Illinois, established the largest soda tax in the United States. Covering an area that includes Chicago and 5.2 million residents, the tax added an extra cent per ounce of soda or other sugary beverage. The tax, starting Dec. 1, was repealed in early October following 15-2 vote against it by commissioners.
Barbados – 10% tax on sugary beverages from 1 August 2015 [Registered]
Making the announcement while delivering the national budget, Minister of Finance Chris Sinckler, also listed those “Beverages containing intrinsic sugars only, such as 100% natural fruit juice, coconut water, plain milk, evaporated milk [which] will not be subject to the excise tax.”
Monthly Snapshot
Raw sugar for March delivery settled at 19.82 cents/pound on January 18 after reaching a two-and-a-half-week high earlier in the session at 20.25 cents. The white sugar contract expiring in […]
Read more …Join us on LinkedIn
