Date: August 31, 2005
Source: News Room
Mexico has proposed taxing beer sold in reusable bottles at a lower rate than that in effect for disposable cans and bottles. The proposal is a bid to force brewers Modelo and Femsa to sell more environmentally-friendly products. The government would tax beer served in reusable bottles, such as Modelo's Corona and Femsa's Carta Blanca, at a rate 72 percent below that of disposable bottles and cans. Beer produced or imported into Mexico would be taxed at a rate of 3 pesos (about 28 cents) per liter, but beer sold in reusable bottles would be taxed at a rate of only 1.74 pesos per liter. The proposal still must be passed by a Congress that has, in the past, blocked some tax proposals from President Vicente Fox.
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