September 22, 2020

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More Cities Get Sour on Sweets; Californian Cities and Boulder, Colorado Approve Sugar-Sweetened Beverage Taxes

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Theo tin Ryan

On Tuesday, November 8th, voters in Californian cities (Albany, Oakland, and San Francisco), as well as Boulder, Colorado approved “soda tax” ballot initiatives.

DALLAS, Nov. 15, 2016 /PRNewswire/ — Boulder Ballot 2H, Sugar-Sweetened Beverage Product Distribution Tax, will impose an excise tax of 2 cents ($0.02) per ounce on the first distributor of such drinks. “Sugar-sweetened beverage” is any non-alcoholic beverage that contains at least 5 grams of caloric sweeter per 12 fluid ounces. Such beverages include soda, pop, cola, soft drinks, sports drinks, energy drinks, sweetened ice tea, and sweetened coffees. Boulder will exempt sweeteners sold separately to consumers at a grocery store, milk products, baby formula, alcohol, and medical drinks. The tax will be effective July 1, 2017. California Initiatives Albany Measure O1 passed, implementing the Sugar-Sweetened Beverage Product Distribution Tax, which will impose a tax of one cent ($0.01) per fluid ounce on the privilege of distributing sugar-sweetened beverage products in Albany. “Sugar-sweetened beverage” is any beverage intended for human consumption to which one or more added caloric sweeteners has been added containing at least 2 calories per fluid ounce, such as soda, pop, cola, soft drinks, sports drinks, energy drinks, and sweetened ice teas. Exempt beverages include milk products, medical beverages, alcohol, baby formula, and meal replacement liquids. Oakland Measure HH will impose a 1 cent ($0.01) per ounce general tax on the distribution of sugar-sweetened beverages, including products such as sodas, sports drinks, sweetened teas, and energy drinks. “Sugar-sweetened beverages” are defined as any beverage to which one or more caloric sweeteners have been added and that contain 25 or more calories per 12 fluid ounces of beverage. However, milk products, 100% juice drinks, baby formula, diet drinks, or medical drinks will not be subject to the tax. Effective July 1, 2017, distributors will be responsible for the tax. However, small businesses with less than $100,000 in yearly gross sales are exempt from the tax. San Francisco Measure V, dubbed the Soda and Sugary Beverage Grocery Tax, will impose a tax on all sugar-sweetened beverages, such as soft drinks, sports drinks, and iced teas, as well as fountain beverages, at a rate of 1 cent ($0.01) per ounce. “Sugar-sweetened beverages” are beverages that contain added sugar and 25 or more calories per 12 ounces. Effective January 1, 2018, distributors will be responsible for the tax. Californian cities Albany, Oakland, and San Francisco, as well as Boulder Colorado are not the only cities to recently adopt a tax on such sugary beverages. They will now join Berkley, California (2014), as well as Philadelphia, Pennsylvania, which passed its sweetened beverage tax with its FY2016-2017 Budget and becomes effective January 1, 2017. About Ryan Ryan is an award-winning global tax services firm, with the largest indirect and property tax practices in North America and the seventh largest corporate tax practice in the United States. With global headquarters in Dallas, Texas, the Firm provides a comprehensive range of state, local, federal, and international tax advisory and consulting services on a multi-jurisdictional basis, including audit defense, tax recovery, credits and incentives, tax process improvement and automation, tax appeals, tax compliance, and strategic planning. Ryan is a five-time recipient of the International Service Excellence Award from the Customer Service Institute of America (CSIA) for its commitment to world-class client service. Empowered by the dynamic myRyan work environment, which is widely recognized as the most innovative in the tax services industry, Ryan’s multi-disciplinary team of more than 2,100 professionals and associates serves over 12,000 clients in more than 40 countries, including many of the world’s most prominent Global 5000 companies. More information about Ryan can be found at ryan.com. TECHNICAL INFORMATION CONTACT: Jeremiah T. Lynch Principal Ryan 212.847.0113 jeremiah.lynch@ryan.com Available Topic Expert(s): For information on the listed expert(s), click appropriate link. Jerry Lynch ProfNet – https://profnet.prnewswire.com/Subscriber/ExpertProfile.aspx?ei=113520 Logo – http://photos.prnewswire.com/prnh/20160125/325377LOGO SOURCE Ryan Related Links http://www.ryan.com

http://www.prnewswire.com/news-releases/more-cities-get-sour-on-sweets-californian-cities-and-boulder-colorado-approve-sugar-sweetened-beverage-taxes-300363708.html

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