“We have no plans to change the recipe of Coca-Cola Classic so it will be impacted by the government’s soft drinks tax,” said a spokesman for Coca-Cola European Partners, which is the bottler for Coca-Cola products in western Europe. “People love the taste ... and have told us not to change.” … [Read more...] about Coca-Cola to sell smaller bottles at higher prices in response to sugar tax
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Despite the UK’s sugar tax coming into effect next month, Coca-Cola has no plans to change its sugar-laden recipe for its flagship drink. It has said “people love the taste … and have told us not to change”. The group will use smaller bottles and sell at higher prices to offset the impact of the soft drinks tax. … [Read more...] about Coca-Cola to launch its first alcoholic drink
It’s unbelievable to think that the Olympia brand of cigarettes was marketed at the Japan Olympics in 1964. According to Michael Payne, the author of Olympic Turnaround, the cigarettes generated “over $1m in revenues for the [Olympic] Organizing Committee”. Future generations will no doubt look back at the sponsorship of South Korea’s Olympic games by fast food chains with similar incredulity. … [Read more...] about Cigarette companies don’t sponsor the Olympics. Why does Coca-Cola?
“The Coca-Cola Christmas truck tour is a one-off, annual event where we offer people a choice of 150ml samples of Coca-Cola Classic, Coca-Cola Zero Sugar or Diet Coke, so two of the three options are no sugar drinks. This is also reflected in the take-up of samples on the truck tour, with on average over 70% of what we sample being a zero-sugar option,” a spokesperson for the company said. … [Read more...] about Calls for ban on Coca-Cola’s Christmas truck tour over child health fears
Other experts said there should be severe sanctions for transfer pricing in Viet Nam, taking examples from other countries such as Australia where the fine for the transfer pricing was 50 per cent of the avoided tax amount or in India where the local tax authorities may impose penalties of up to 300 per cent of the difference in the tax wrongly calculated by the companies. … [Read more...] about Guiding decrees needed to fight with transfer pricing in Vietnam