The Isle of Man has published the Soft Drinks Industry Levy (No. 2) Regulations 2019, which were laid before the Tynwald (parliament) on 21 May 2019. The regulations revoke prior regulations on the levy and are effective from 2 April 2019. The new regulations include rules for prescribing criteria for determining a dilution ratio in relation to prepared drinks subject to the levy, as well as criteria for determining whether the main purpose or one of the main purposes of stating a particular dilution ratio, is avoiding or reducing the liability for the levy. The regulations also set rules regarding...