The Slovak Republic enacted a new tax on sweetened non-alcoholic beverages, set to take effect on January 1, 2025. This indirect consumption tax targets business entities responsible for the first delivery of these beverages, including local producers and importers.
The tax rates are structured as follows...
Slovakia introduces a tax on sweetened soft drinks.
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Slovakia
Author: Stefan Ditrih
Category:
Fiscal subject related
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106
Content accuracy validation date:
28.10.2024
Content accuracy validation time:
08:06h
- €0.15 per liter for sugary beverages
- €0.30 per liter for beverages with high caffeine levels
- €1.05 per liter or €4.30 per kilogram for concentrates requiring preparation
Certain products are exempt from this tax, including baby formula and beverages for special medical purposes or total diet replacements.
The primary goals of this legislation are to regulate the consumption of sugary beverages and promote public health. By discouraging the intake of high-sugar and high-caffeine drinks, the government aims to address health issues related to excessive sugar consumption.
Additionally, this tax is part of broader efforts to reduce Slovakia's budget deficit, one of the highest in the euro zone. The government expects to generate significant revenue from this measure, contributing to at least €1.5 billion in savings and new income for 2025.
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