Thursday 21 September 2017

Sweet tooth beware: France to impose fat tax on sugary drinks

France is to impose a 'fat tax' on sugary soft drinks in an attempt to combat increasing child obesity.

France to impose fat tax on sugary drinks

The new tax will result in a hike of from 3 to 6 Euro cents per litre on sugary drinks, and it is expected to raise more than $150 million a year for government coffers. Zero-calorie 'diet' drinks will be exempt from the charges.

The revenue would be used to fund lower social security charges for farm workers, the government said.