Thu, 26 Nov 1998: Coca-Cola against excise tax on packs…



Producers don't have to pay excise tax on packaging which is up to 40 percent reusable. Westerberg complained that the law will cost the company a lot of money because it will have to repurchase all empty bottles. This move can also jump the price of Coca-Cola products.The package excise tax has not brought a lot of cash so far. In the first ten months of this year, package excise tax revenues reached 1.9 million kroons ($410,700), only 29.24 percent of the target.. ... Read the rest of this entry »

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