Hungarian food taxThis article was originally published in Foodnews
A NEW tax on food and beverage products regarded as excessively salty or sweet came into force in Hungary on 1 September, AFP reported. The tax primarily targets pre-packaged savoury products, biscuits, carbonated and energy drinks. Hungary’s government says the levy, dubbed the ‘chips tax’, is aimed at cutting obesity, but is also intended to boost the cash-strapped country’s coffers. Economic daily Vilaggazdasag reported that the German owner of Chio Chips has already decided against building its new popcorn factory in Hungary in the wake of the levy’s introduction.