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September 16, 2020
In response to the publication in the Virginia Regulatory Town Hall regarding the Virginia Soft Drink Excise Tax regulations (23 VAC 10 - 390) on behalf of the Virginia Beverage Association, we wanted to go on record as saying that the existing structure and regulations pertaining to 23 VAC 10-390 are working appropriately.
The members of the Virginia Beverage Association are the ones who pay the current soft drink excise tax. That tax, as you are aware, goes into the Virginia Litter Control and Recycling Fund which helps to address litter control and recycling issues across the Commonwealth.
A quick review of last year’s activities into that fund indicate a return on investment of some 1086%. If you have any questions or concerns regarding the tax feel free to contact us.
Chuck Duvall
Executive Director, VBA