12. September 2024 at 15:07

Slovakia imposes new sugar tax amid revenue crisis

A tax on sugary drinks and tobacco products is expected to bolster Slovakia’s budget by millions of euros.

Slovakia’s parliament passed a new bill introducing a tax on sugary drinks on September 11, 2024. Slovakia’s parliament passed a new bill introducing a tax on sugary drinks on September 11, 2024. (source: Pixabay)
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On Wednesday, Slovakia’s parliament passed a new bill introducing a tax on sugary drinks. The base rate is set at 15 cents per litre for standard sweetened soft drinks, such as colas, with special rates applied to energy drinks and syrups.

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The legislation was backed by coalition members, while opposition MPs either abstained or voted against it. The state expects to raise approximately €80 million in 2025, €109 million in 2026, and €110 million by 2027.

Despite objections from beverage producers and distributors, who argue that the tax disproportionately impacts low-income households—since the rate is the same for all products regardless of price—the government pressed ahead. They also suggest that some consumers might replace sugary drinks with sweets. Daniel Buryš, CEO of Kofola ČeskoSlovensko, criticised the law, stating that if the government were serious about combating obesity, it would take a broader approach.

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