Diet Coke Sugar Tax
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The provincial sales tax act will now cover sugar and diet drinks related tags.
Diet coke sugar tax. Coca cola is in the higher tax bracket with 10 6g of sugar per 100ml and mcdonald s. We also decided to increase the size of the 1 75l bottles of coca cola zero sugar and diet coke to 2l so our zero sugar alternatives are even better value for. Alamy how will the sugar tax affect the price of coke.
Regular coke contains 35g of sugar but diet and coke zero don t have any credit. If they want a coca cola without sugar we have diet coke and coca cola zero sugar which will not be subject to the tax coca cola is also replacing its 1 75 litre coke classic bottle with a 1. Diet beverages were included in a last minute amendment that led to council s preliminary approval of a 1 5 cent per ounce beverage tax wednesday night.
For example we replaced our 1 75l bottle with a 1 5l bottle as a direct result of the tax. Soda tax sugar tax canada carbonated beverages sweetened with sugar natural or artificial sweeteners will be taxed in british columbia under the provincial sales tax act as of july this year. According to iri data sales of diet coke were 13 7m in the week ending 19 may ahead of classic coca cola which saw sales of 11 4m.
The soft drinks giant saw an instant boost in diet coke sales in the week after the rebrand with sales hitting 10 9m in the week ending 24 february 2018 ahead of sales of. The sugar content of soft drinks has undergone a striking reduction since the introduction of a so called sin tax researchers have found. Health campaigners were celebrating last week at government plans to slap a sugar tax on soft drinks.
Diet coke sales have overtaken classic coca cola with sales figures showing that the low sugar variant s rebrand has had an impact although the company still faces the challenge of returning to long term growth. On some packs this was done through a combination of smaller pack sizes and higher prices. Drinks more than 5g of sugar per 100ml will go up by 18p while those with more than 8g per 100ml go up by 24p.
But anyone now smugly sipping a diet coke and thinking that their sugar free version. A final vote on the compromise measure mayor kenney had proposed 3 cents an ounce solely on drinks with added sugar is expected next week.