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Current Position:Home » News » Processed Foods » Confectionary » Topic

Chewing gum tax proposed in Mexico

Zoom in font  Zoom out font Published: 2012-12-03  Authour: Oliver Nieburg+   Views: 18
Core Tip: Mexico is considering forcing gum manufacturers to pay a 50% tax on top of the selling price of products to pay for clean-up costs on streets.
Mexico is the world’s second largest gum consumer with a market worth $420m led by Mondelez International and its Trident brand.

The Mexican levy has been proposed by the Institutional Revolutionary Party (PRI), the political party that will take power from the incumbent Partido Acción Nacional (PAN) regime in December.

 
 
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