OILS AND FATS SECTORS FACE UP TO DANISH FAT TAX
September 1st, 2011
BY GERARD O'DWYER
DENMARK'S centre right government has brushed off criticism directed at its public health policies and has sanctioned the roll-out of its most controversial piece of tax-legislation, the imposition of a so-called 'Saturated Fat Tax' on food products. The new law is scheduled to take effect on October 1.
It was presented to its parliament the Folketing in January, and approval was secured in April.
The fundamental reasoning is the government's drive to deal with Denmark's rising obesity rates and health care costs by introducing using taxation ...
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