- Slovakia introduces a tax on sweetened soft drinks effective January 1, 2025
- Tax targets business entities responsible for first delivery of beverages
- Tax rates vary based on type of beverage
- Exemptions include baby formula and medical beverages
- Goals include regulating consumption and promoting public health
- Aim is to address health issues related to excessive sugar consumption
- Tax part of efforts to reduce budget deficit in Slovakia
- Government expects to generate significant revenue from tax, contributing to savings and new income for 2025
Source: fiscal-requirements.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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