Posted on 11/21/2022 5:39:19 PM PST by Nextrush
The excise will not apply to fermented beverages, kvass with ethyl alcohol content from 0.5% to 1.2% inclusive, juices, fruit nectars, juice-containing beverages and fresh fruit drinks
MOSCOW, November 21./TASS/.Russian President Vladimir Putin signed a law recognizing sugary drinks as excisable items starting July 1, 2023.
The published document was initiated by the government, it amends the Russian Tax Code.
The excise rate is set a 7 rubles ($0.12) per liter. Non-alcoholic beverages produced with the use of sugar or other or other sweeteners containing more than 5 grams per 100 ml are recognized as sugary drinks...
(Excerpt) Read more at tass.com ...
“A lot of folks here think I carry water for Vlad Putin but what a Liberal Democrat he is on this one taxing “sugary drinks”.…”
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Perhaps he simply doesn’t like the look that comes from a lifetime of drinking “Big Gulps”.
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