Thursday 21 June
Powered by Ajaxy
Jan 3, 2018 @ 17:49

No more free soda refills at Lucio Co’s S&R

 

A newly-implemented tax on sugar sweetened beverages is already causing an uproar from the consuming public.

Consumers took to Facebook and Twitter to complain about S&R Membership Shopping ‘s withdrawal of their bottomless drinks offers.

In a notice to their customers, the upscale membership shopping warehouse club operator said: “Effective Jan. 1, 2018, we will discontinue serving unlimited soda due to the tax reform law.”

“ We appreciate your patronage and look forward to continuing to provide you with the same great value, quality and freshness that you have come to enjoy,” it added.

The passage of the Tax Reform for Acceleration and Inclusion bill in December 2017 saw the imposition of a P6 liter tax on drinks containing caloric or non-caloric sweetener and P12 per liter tax on drinks containing high fructose corn syrup (HFCS) or combination

The rates were revised from the original proposal of P10 per liter.

Tags: , , , , , , ,

Related Stories
Twitter said Wednesday it would revamp user timelines as part of an effort to deliver
US television network ABC on Tuesday canceled the hit working-class comedy "Roseanne," after its star
Twitter on Thursday urged its more than 300 million users to change their passwords, saying
Twitter announced a deal Monday to collaborate with Disney on content, particularly live events from


 

Trending News

Recommended on sister sites

Copyright © 2018 Bilyonaryo - Latest news on the richest Filipinos and Family Business.