UPDATE: The overcharge of non-alcoholic beverages with sugar, postponed | Progresiv

Less than a week after the publication of the Ordinance introducing in the Tax Code the tax on soft drinks with high sugar content, the Government announces that it will postpone the implementation of this measure to discuss with the economic environment the impact of the new tax on the businesses of producers and importers of soft drinks. Thus, the measure will be included in a normative act separate from the revision of the Fiscal Code, after the Ministry of Health will conclude the discussions with the business environment.

In the last days, the associations of producers of the non-alcoholic beverages and the food industry have reacted negatively to the Government's initiative to overcharge drinks with high sugar content, drawing attention to the risk of cancellation of large investment projects in the market, with negative impact on the state budget revenues.

The second tax increase announced by the Minister of Public Finance at the beginning of August with an impact on the FMCG industry - the increase in the tobacco excise duty - will be discussed in the Government, and the normative act will be approved at the end of August or the beginning of September, according to statements by Eugen Teodorovici, Minister of Public Finance, during a press conference.