Sugary drink tax will enter the general fund of the City of Berkeley. A similar measure in neighboring San Francisco received 54% of the vote, but fell short of the supermajority required to pass. In August 2015, researchers found that average prices for beverages covered under the law rose by less than half of the tax amount. For Coke and Pepsi, 22 percent of the tax was passed on to consumers, with the balance paid by vendors. UC Berkeley researchers found a higher pass-through rate for the tax: 47% of the tax was passed-through to higher prices of sugar-sweetened beverages overall with 69%
Federation of Tax Advisers Federation of Tax Advisers The Federation of Tax Advisers (FTA) is an established professional body concerned with UK taxation issues and is limited by guarantee in the United Kingdom (UK). Its purpose is to encourage the study of taxation and to promote best practice in the administration of taxation in the UK. The FTA regulates professional tax advisers on a voluntary basis. The FTA campaigns for a fairer and less complex tax system. It also provides a qualification and regulatory structure for its members. The IFA provides members with all the necessary tools to successfully operate as tax advisers providing