Sugar tax slashes Portuguese soft drink sector by €1,4 billion

Key Points

1. 1
   The sugary drinks sector in Portugal is facing an estimated economic loss of €1,45 million due to the new tax on beverages containing sugar.
2. 2
   PROBEB has called for a reassessment and potential elimination or reduction of this specific taxation measure by its president Marcio Cruz. The industry argues that taxing products with low or no added content should not be part of such policies.