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Questions and Answers
What is the tax rate for sweetened beverages using high fructose corn syrup?
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?
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?
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?
What is the tax rate for sweetened beverages using purely non-caloric sweeteners?
What is the tax rate for sweetened beverages using a mix of caloric and non-caloric sweeteners?
What is the tax rate for sweetened beverages using a mix of caloric and non-caloric sweeteners?
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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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