Final phase of sugar tax takes effect

Quick Summary:

Beverage manufacturers and producers of sweetened products that fail to reformulate their recipes to reduce sugar content face higher excise taxes under the final phase of the sugar tax now in effect, says the Ministry of Finance.

The final increase in the tax based on sugar content took effect on April 1, according to the Excise Department.

According to statistics from 2018 to 2023, sweetened beverage manufacturers adjusted their formulas by reducing sugar to fall into lower tax brackets.

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Article Details

Category: EconomyBusiness

Markets: Thailand

Topics: Content Sugar Grammes 2018 Baht Litre Beverages Excise Products Drinks Manufacturers

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-10 @ 05:08:00 (6 days ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 466 words

Reading Time: 3 minutes read

Sentences: 20 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bangkok Post

News ID: 27768522

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