Philly Passes "Sugar-Sweetened Beverage Tax"
Last week, Philadelphia's City Council passed a new law taxing sugar-sweetened beverages. Here are some FAQs: What is a sugar-sweetened beverage? Examples include soda, non-100% fruit drinks, sports drinks, flavored water, energy drinks, pre-sweetened coffee or tea, and non-alcoholic beverages intended to be mixed into an alcoholic drink. The new law contains an ingredient-based definition. Are there exclusions from the tax? Yes, exclusions include, among other things, baby formula, any product, more than 50% of which, by volume, is milk, and any syrup or other concentrate that the customer combines with other ingredients to create a beverage. How much is the tax? The tax is one and one-half cents per fluid ounce for sugar-sweetened beverages. How is the tax imposed? The tax is imposed on each of the following: (a) the supply of any sugar-sweetened beverage to a dealer; (b) the acquisition o...