The price of chocorramo and the tax reform – Personal Finance – Economy

The price of chocorramo and the tax reform – Personal Finance – Economy

Chocoramo, one of the most recognized chocolate-covered cupcakes by Colombians, has been in the news on several occasions for its alliances with other products, such as Mc’Donald’s ice cream and Kellog’s cereal, and for its foray into the international market.

The truth is that much has been speculated about how much sugar the price of this product will be affected, which has a high content of, for the taxes related to ultra-processed foods that will rightly come into force in the tax reform

(You may be interested: It’s official! Chocoramo confirms the release of its cereal).

What does it consist of? Sugar-sweetened beverages and industrially ultra-processed grocery products, or those with a high content of added sugar, sodium or saturated fat, would declare 10 percent more bimonthly in 2023.

In addition, this tax would be 15 percent in 2024 and 20 in 2025.

The tax on ultra-processed foods will be 10 percent.

(Be sure to read: Totto and Ramo, among the brands that have the most attributes and make people fall in love with them).

In accordance with the provisions of the decree, this obligation will begin in 2023 with the two-month period November – December with maturities between January 10 and 23, 2024, according to the last digit of the NIT.

For this reason, Chocoramo could cost about 2,700 pesos, with a 10 percent increase in its commercial value. Its current price varies at points of commerce: between 1,800 and 2,400 pesos.

Of course, the Colombian company Ramo has not ruled on the reform, nor on how much the commercial cost per unit of the product would be.

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Writing Latest News

By Mitchell G. Patton

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