US EditionA Possible Increase in Vat on Food Would Harm Both Consumers and Producers, the Association Warns
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One scenario is that people would start buying food abroad in bulk
A possible increase in value-added tax on selected types of food with a higher sugar, salt or fat content would have serious consequences for consumers and food production in Slovakia. It would cause an increase in prices, a decrease in the purchasing power of households and a loss of jobs in the food industry. The Slovak Association for Branded Products drew attention to this and called on the government not to accept such a proposal. "Food inf…
·Bratislava Region, Slovakia
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