01 Oct '11, 11am

Denmark levies world's first tax on fatty foods

COPENHAGEN (AFP) - Denmark on Saturday became the first country in the world to impose a fat tax after a week in which consumers hoarded butter, pizza, meat and milk to avoid the immediate effects. 'We have had to stock up with tonnes of butter and margarine in order to be able to supply outlets,' Soeren Joergensen of Arla Distribution told AFP. The new tax, designed by Denmark's outgoing government as a health issue to limit the population's intake of fatty foods, will add 16 kroner (S$3.76) per kg of saturated fats in a product. This means an increase in the price of a pack of 250g of butter, for example, by 2.20 kroner to more than 18 kroner. Please enable JavaScript to view the comments powered by Disqus. blog comments powered by Disqus

Full article: http://www.straitstimes.com/BreakingNews/World/Story/STIS...

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