New tax applied to non-alcoholic beverages with added sugar or added sweeteners (Law 114 of 2019)

Panama approves new legislation to promote better health and imposes a selective consumption tax on non-alcoholic beverages with added sugar or added sweeteners.


Law 114 of 2019 establishes the tax of 7% on carbonated beverages and 5% on the rest of sweetened beverages, either local or imported and of 10% on syrups and concentrates for the production of said beverages.


The law has an immediate effect.


Download complete law (in spanish only):  click