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Analysis Of Mexico New Tax System
1,271 words... prior. Beverage Companies: Bottlers that make syrups for soft drink dispensers will have to pay a 20 percent production tax if they use corn sweeteners. The 10 percent tax on soft drinks would apply mainly to drinks made with high fructose corn syrup, a sweetener imported from the United States and which competes with Mexico's struggling sugar industry. Only drinks made with sugar cane would be exempt from the new tax. The tax on using corn sweeteners may encourage beverage producers to use ...
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