US EditionRefreshers Reject Economic Package Sugary Beverage Tax: ‘It’s Highly Aggressive’
8 Articles
8 Articles
The Mexican Association of Beverages (MexBeb) expressed “surprise and deep concern” at the proposal to increase by 87 percent the quota of the Special Tax on Production and Services (IEPS) to flavored beverages, including soft drinks, and warned that the measure will have an impact on cost increases for consumers.The measure, included in the 2026 Economic Package, aims to raise the rate to 3.08 pesos (almost 0.15 dollars) per litre of soft drink…
87% Increase in Special Tax on Products and Services on Soft Drinks for Healthcare, Including Diabetes Epidemic Regeneration, September 11, […] The post "Tax Increase on Soft Drinks and Tobacco in the Middle East" was first published on RegeneraciónMX.
The Special Tax on Production and Services (IEPS) in soft drinks, established since 2014, will increase the following year to 3.1 pesos per litre, which is estimated to reduce the consumption of beverages in Mexico by 7 percent, according to the Undersecretary of Integration and Development of the Health Sector, Eduardo Clark. “It seeks not to increase the cost, but to reduce consumption. We hope that it can impact in the first and second year, …
The Mexican government announced that starting in 2026, the excise tax on sugary drinks will increase from $1.6451 to $3.0818 per liter, which is expected to raise 41 billion pesos. Undersecretary of Health Eduardo Clark stated that the goal is to reduce soft drink consumption by 7% and reduce the burden of diseases associated with overweight and obesity. "Today, in Mexico, nearly 180 billion pesos are allocated to address the medical consequenc…
The flavored beverage industry in Mexico faces new challenges: the IEPS adjustment already impacts prices and could generate strong changes across the entire production chain
Mexico City.- The increase to the current tax and the new tax that is proposed in the 2026 Economic Package for sugary drinks will cause a price increase to the consumer of between 10% and 15%, which will affect the pocket of the families, the Mexican Association of Drinks (MexBeb) said. In a statement explained that “this is a highly regressive tax, households with lower incomes spend three times more resources proportionally on soft drinks and…
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