Denmark levies world’s first fat tax
Denmark 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.
- The fat tax levies will be imposed on any foods that contain more then 2.3% of saturated fat. Examples of some of these foods include cream, cheese, butter, suet, tallow, lard, and meats. It also includes certain vegetable products such as coconut oil, cottonseed oil, palm kernel oil, chocolate, and many prepared meals.
- 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 ($2.87, 2.15 euros) per kilo (2.2 pounds) 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.