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elchrist See-thru Afro
Joined: 09 Oct 2002 Posts: 7302 Location: Calecia.com
   Votes: 14
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Posted: 09 Mar 2006 11:07 AM Post subject: Mexico to eliminate 20% tax on refrescos |
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Mexico will eliminate soft-drink tax
Source: The Herald
Mexico will eliminate a 20 percent soft-drink tax following a World Trade Organization ruling that it violated global trade rules, officials said Wednesday.
On Monday, a WTO panel rejected an appeal by Mexico and supported U.S. claims that Mexico was in breach of international law in imposing a 20 percent tax on drinks that are sweetened with anything other than cane sugar grown in Mexico.
The government plans to ask Congress to lift the tax, which was imposed in 2002 by legislators to protect the Mexican sugar industry.
Read more...
Is this the end to the great taste of Mexican Coke and Pepsi as we know it?
Time to stock up on Mex Cokes a la the New Coke scandal of 1985. |
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Asesino Koolarrow Boracho
Joined: 20 Mar 2005 Posts: 658 Location: UCSD
    Votes: 2
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Posted: 09 Mar 2006 04:09 PM Post subject: Re: Mexico to eliminate 20% tax on refrescos |
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| elchrist wrote: | Mexico will eliminate soft-drink tax
Source: The Herald
Mexico will eliminate a 20 percent soft-drink tax following a World Trade Organization ruling that it violated global trade rules, officials said Wednesday.
On Monday, a WTO panel rejected an appeal by Mexico and supported U.S. claims that Mexico was in breach of international law in imposing a 20 percent tax on drinks that are sweetened with anything other than cane sugar grown in Mexico.
The government plans to ask Congress to lift the tax, which was imposed in 2002 by legislators to protect the Mexican sugar industry.
Read more...
Is this the end to the great taste of Mexican Coke and Pepsi as we know it?
Time to stock up on Mex Cokes a la the New Coke scandal of 1985. |
Scandal of '85  |
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elchrist See-thru Afro
Joined: 09 Oct 2002 Posts: 7302 Location: Calecia.com
   Votes: 14
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Posted: 09 Mar 2006 04:12 PM Post subject: Re: Mexico to eliminate 20% tax on refrescos |
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| Asesino Koolarrow wrote: | | elchrist wrote: | | Time to stock up on Mex Cokes a la the New Coke scandal of 1985. |
Scandal of '85  |
New Coke
http://en.wikipedia.org/wiki/New_Coke |
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Asesino Koolarrow Boracho
Joined: 20 Mar 2005 Posts: 658 Location: UCSD
    Votes: 2
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Posted: 09 Mar 2006 04:36 PM Post subject: Re: Mexico to eliminate 20% tax on refrescos |
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this article says "New Coke was the unofficial name of the sweeter drink introduced in 1985 by The Coca-Cola Company ..."
if it was sweeter, did it taste like the one from Mexicali? |
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elchrist See-thru Afro
Joined: 09 Oct 2002 Posts: 7302 Location: Calecia.com
   Votes: 14
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Posted: 09 Mar 2006 04:52 PM Post subject: Re: Mexico to eliminate 20% tax on refrescos |
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| Asesino Koolarrow wrote: | this article says "New Coke was the unofficial name of the sweeter drink introduced in 1985 by The Coca-Cola Company ..."
if it was sweeter, did it taste like the one from Mexicali? |
No. Nothing like it. It actually had a more syrupy taste, from what I remember.
The Coca-Cola from Mexico still uses cane sugar (for now), where Coca-Cola in the United States uses high fructose corn syrup (HFCS).
I was referring to this part of the story:
| By June, as warmer weather began to spur soft-drink sales, it was apparent that the situation was not working out the way the company had expected it to. News reports were beginning to come in of people trying to obtain old Coke from overseas, where the new formula had not yet been introduced. |
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chuco boy Dishonorable Discharge
Joined: 05 Mar 2005 Posts: 353
     Votes: 4
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Posted: 14 Mar 2006 09:46 AM Post subject: Coca Cola |
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| Many immigrants are buying Mexican coca cola in US markets. They are being smuggled in and people pay premium price for the old fashioned glass bottles that need a bottle opener. Let's admit Mexican cola is superior and people will pay a higher premium. |
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elchrist See-thru Afro
Joined: 09 Oct 2002 Posts: 7302 Location: Calecia.com
   Votes: 14
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Posted: 14 Mar 2006 09:53 AM Post subject: Re: Coca Cola |
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| chuco boy wrote: | | Let's admit Mexican cola is superior and people will pay a higher premium. |
No doubt about it.
Mexicans love their Coca-Cola as they drink it for breakfast, lunch, dinner and in-between. |
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elchrist See-thru Afro
Joined: 09 Oct 2002 Posts: 7302 Location: Calecia.com
   Votes: 14
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Posted: 08 Dec 2006 09:31 AM Post subject: |
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Looks like the US strong-armed the WTO into forcing Mexico to eliminate its "fructose tax" which would allow imported soft drinks (sodas) with fake processed "sugar" (HFCS) into Mexico and avoid being taxed 20% or even 5%.
Mexico may change soft-drink tax
http://www.chron.com/disp/story.mpl/business/4384095.html
HFCS is cheaper to produce than real sugar, but not necessarily better for you, so we might see the end of the Mexican Coke as we know it.
Sounds like a good cause for AMLO to pick up in his parallel government. |
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locoinclx Tecato
Joined: 05 Apr 2005 Posts: 782 Location: Los Angeles, CA
     Votes: 5
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Posted: 08 Dec 2006 09:44 AM Post subject: |
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| Hold on, does Mexico tax for import or does it tax the consumer... It looks like its taxing for import... Does anyone know about this? |
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Mars Tecato Revisited
Joined: 15 Oct 2002 Posts: 1363 Location: mangled in blackhole
  
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Posted: 08 Dec 2006 10:19 AM Post subject: |
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| Well I recently bought a mexican coke in the states and I guess it was imported or whatever because it had a white paper attached that stated the Daily Nutrional Values and ingredients. The ingredients had corn syrup listed. Now I'm not sure that it wasn't just someone copying the ingredients from american coke or if they keep their cane coke domestic only. |
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