Sugary drink tax Michael Bloomberg of orchestrating the controversial bill from overseas. In late October 2013, the Mexican Senate approved a 1 MXN per litre tax (around 0.08 USD) on sodas, along with a 5% tax on junk food. Research has shown that Mexico's sugary drinks tax reduced soft drink consumption. According to a 2016 study published in "BMJ", annual sales of sodas in Mexico declined 6% in 2014 after the introduction of the soda tax. Monthly sales figures for December 2014 were down 12% on the previous two years. Households with the fewest resources had an average reduction in purchases of 9%
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