Baghdad Soft Drinks Co Baghdad Soft Drinks Co Baghdad Soft Drinks Co (ISX: IBSD on the Iraq Stock Exchange) is a Soft drinks Bottling company in Iraq.It is the company that has the exclusive licence to sell Pepsi products in Iraq. PepsiCo International's franchise agreement authorises Baghdad Soft Drinks Company to produce and distribute PepsiCo's Pepsi-Cola, Seven-Up and Mirinda soft drink brands. Many bottling companies are franchisees of corporations such as Coca-Cola and PepsiCo who distribute the beverage in a specific geographic region. It has a staff of ~1,400, and the 2004 agreement with pepsi is expected to create some 2,000 new jobs at
Alcoholic drinks in Sweden called "folköl" ("people's beer"), is sold in regular stores, but with the minimum purchase age of 18. Class III, "starköl" ("strong beer", over 3.5%) is sold only in Systembolaget stores. Drinks are taxed by content of alcohol, more heavily than in most other countries. The tax on vodka (40%) is 200.56 SEK/litre, on Wine (14%) 22.08 SEK/litre and on beer (4.5%) 6.615 SEK/litre (2007). Beer with 2.8% alcohol or less is exempt from tax, except VAT. The VAT is 12% (food tax) for drinks sold in shops having up to 3.5% alcohol, and 25% above that, and at restaurants. Systembolaget