Sweetened Beverages Tax Quiz

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Questions and Answers

What is the tax rate for sweetened beverages using high fructose corn syrup?

  • P24.00 per liter of volume capacity
  • P6.00 per liter of volume capacity
  • P12.00 per liter of volume capacity (correct)
  • P18.00 per liter of volume capacity

Which beverages are exempt from the tax?

  • Sweetened beverages using high fructose corn syrup
  • Sweetened beverages using purely caloric sweeteners
  • Sweetened beverages using purely coconut sap sugar (correct)
  • Sweetened beverages using purely steviol glycosides

What is the tax rate for sweetened beverages using purely caloric sweeteners?

  • P18.00 per liter of volume capacity
  • P6.00 per liter of volume capacity (correct)
  • P24.00 per liter of volume capacity
  • P12.00 per liter of volume capacity

What is the tax rate for sweetened beverages using purely non-caloric sweeteners?

<p>P6.00 per liter of volume capacity (B)</p> Signup and view all the answers

What is the tax rate for sweetened beverages using a mix of caloric and non-caloric sweeteners?

<p>P6.00 per liter of volume capacity (C)</p> Signup and view all the answers

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Study Notes

Tax Rates on Sweetened Beverages

  • Sweetened beverages containing high fructose corn syrup are subject to a specific tax rate.
  • Beverages that are exempt from the sweetened beverage tax may include unsweetened drinks, certain milk products, and 100% fruit or vegetable juices.
  • The tax rate for beverages sweetened with purely caloric sweeteners, such as sugar and honey, differs from those using high fructose corn syrup.
  • Drinks employing solely non-caloric sweeteners, like aspartame or sucralose, have their own designated tax rate.
  • Beverages that combine both caloric and non-caloric sweeteners are typically taxed at a different rate than those using only one type.

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