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Mexico to eliminate 20% tax on refrescos

 
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elchrist
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PostPosted: 09 Mar 2006 11:07 AM    Post subject: Mexico to eliminate 20% tax on refrescos Reply with quote

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
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PostPosted: 09 Mar 2006 04:09 PM    Post subject: Re: Mexico to eliminate 20% tax on refrescos Reply with quote

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 Confused
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elchrist
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PostPosted: 09 Mar 2006 04:12 PM    Post subject: Re: Mexico to eliminate 20% tax on refrescos Reply with quote

Asesino Koolarrow wrote:
elchrist wrote:
Time to stock up on Mex Cokes a la the New Coke scandal of 1985.


Scandal of '85 Confused


New Coke
http://en.wikipedia.org/wiki/New_Coke
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Asesino Koolarrow
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PostPosted: 09 Mar 2006 04:36 PM    Post subject: Re: Mexico to eliminate 20% tax on refrescos Reply with quote

elchrist wrote:
Asesino Koolarrow wrote:
elchrist wrote:
Time to stock up on Mex Cokes a la the New Coke scandal of 1985.


Scandal of '85 Confused


New Coke
http://en.wikipedia.org/wiki/New_Coke


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
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PostPosted: 09 Mar 2006 04:52 PM    Post subject: Re: Mexico to eliminate 20% tax on refrescos Reply with quote

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
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PostPosted: 14 Mar 2006 09:46 AM    Post subject: Coca Cola Reply with quote

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
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PostPosted: 14 Mar 2006 09:53 AM    Post subject: Re: Coca Cola Reply with quote

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
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PostPosted: 08 Dec 2006 09:31 AM    Post subject: Reply with quote

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
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PostPosted: 08 Dec 2006 09:44 AM    Post subject: Reply with quote

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
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PostPosted: 08 Dec 2006 10:19 AM    Post subject: Reply with quote

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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