Showing posts with label sugar tax. Show all posts
Showing posts with label sugar tax. Show all posts

November 11, 2012

Denmark to Scrap World's First Fat Tax

THE SYDNEY MORNING HERALD: Denmark's government will scrap a fat tax it introduced a little over a year ago in a world first.

"The fat tax and the extension of the chocolate tax - the so-called sugar tax - has been criticised for increasing prices for consumers, increasing companies' administrative costs and putting Danish jobs at risk," the Danish tax ministry said in a statement on Saturday.

"At the same time it is believed that the fat tax has, to a lesser extent, contributed to Danes travelling across the border to make purchases.

"Against this background, the government and the (far-left) Red Green Party have agreed to abolish the fat tax and cancel the planned sugar tax." » | AFP | Sunday, November 11, 2012