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Portugal to levy sugar tax on soft drinks

Portugal's tax on soft drinks will raise the price of a standard 330 millilitre can of Coca-Cola, which contains 35 grammes of sugar, by 5.5 euro centsPortugal’s Socialist government will introduce a sugar tax on soft drinks in 2017 which is expected to raise 80 million euros ($88 million) for the nation’s public health service, a budget bill presented Friday showed. The announcement comes just three days after the World Health Organization urged countries to start taxing sugary drinks, pointing to evidence that price hikes can dramatically reduce consumption. Under Portugal’s plans, drinks with a sugar content above 80 grammes per litre will be slapped with a tax of 16.46 euros per hectolitre.

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