5 ways restaurants can deal with soda taxes

Restaurants already ave a hard enough time dealing with business as it is. It’s commonly thought that a restaurant is one of the hardest businesses to open and keep open — they just go through so much. Now, on top of what all restaurants need to do to struggle to survive, soda taxes are being imposed on the businesses. “5 ways restaurants can deal with soda taxes” has five ways restaurants can survive.

Key Takeaways:

  • The first major sugary drink tax was introduced in 2012 by New York City mayor Michael Bloomberg.
  • Over the past few years, a number of cities and counties have introduced taxes on sugary beverages, specifically soda. Restaurant operators must know how these taxes are applied, and how to insulate the bottom line.
  • The Sugary Drinks Portion Cap Rule limited the sale of beverages larger than 16 ounces. However, the rule was struck down by the New York Court of Appeals as an overreach by the city’s board of health.

“According to the Philadelphia Inquirer, Philadelphia’s tax is expected to generate tens of millions of dollars slated for pre-K programs, community schools, parks, recreation centers and libraries, as well as a tax credit for businesses that sell healthful beverages.”

http://www.nrn.com/beverage-trends/5-ways-restaurants-can-deal-soda-taxes

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