National

PM: No Sugar Tax Anytime Soon

NASSAU, BAHAMAS – No sugar tax any time soon. That’s the word from Prime Minister Philip Davis despite there being a proposed amendment to the Customs Management Bill 2023.

Published

3 years ago

June 6, 2023

Berthony McDermott

smb('loadExternalVideo', 'watch', 'https://player.vimeo.com/progressive_redirect/playback/833753116/rendition/1080p/file.mp4?loc=external&signature=be6be10bc9df0dc6915c9382eede39d8e4cad54b5e6682f7e284eadc3bdb6658', 740, 416, 'my_frame', 0);

NASSAU, BAHAMAS – No sugar tax any time soon. That’s the word from Prime Minister Philip Davis despite there being a proposed amendment to the Customs Management Bill 2023, which would empower the finance minister to make regulations providing for the payment of a health and wellness levy.

The levy will be on the importation of specified goods and domestically manufactured foods deemed to have a negative impact on health and wellness.

A 2019 steps report says there is a 20% chance of a Bahamian dying early or prematurely from a non-communicable disease.

Davis says at the moment they’re consulting stakeholders.