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Montevideo, November 28th 2022 - 01:38 UTC

Tag: Brazil taxes on beer and sodas

  • Friday, August 1st 2014 - 14:40 UTC

    World Cup helped a higher than expected surge in beer sales in Brazil

    AB InBev, which sold more than one in five beers drunk worldwide last year, also took advantage of Brazil's hosting of the soccer tournament

    The maker of Budweiser, Stella Artois and Corona beers experienced a sharp surge in sales in Brazil during the World Cup with the month-long contest leading to consumption of an extra 140 million liters or 2 million barrels.

  • Thursday, May 1st 2014 - 07:33 UTC

    Brazil raises taxes on beer and sodas; primary surplus slightly down in March

    The coming World Cup should help collect more taxes: drink and feast

    The Brazilian government will raise taxes on beers, sodas and other beverages in a move that will raise an extra 1.5 billion Reais (674 million dollars) in revenue to help meet the fiscal savings goal. Earlier this month, the government had already announced a tax hike on beer to bolster fiscal accounts that have been hit hard over the last three years by rising subsidies, higher spending and an economic slowdown.