1
 
 
Home News & Events TAX LAW NEWS: 2014 Red Bull Tax for French Government

TAX LAW NEWS: 2014 Red Bull Tax for French Government

Thursday, 31 October 2013 18:44

It has just been announced that the French National Assembly has overwhelmingly supported Government's Social Security Finance Bill for next year which inter alia includes a move to introduce a tax of one Euro [€1.00] on energy drinks containing a minimum level of caffeine of 150 mg per 1,000 ml.

The French Government is expecting to collect some € 60 million from the said tax, better known as the “Red Bull Tax”.