Soft drinks containing more than 80 grams of sugar per litre will be taxed at €16.46 per 100 litres. Drinks with fewer than 80 grams will be taxed €8.22 per 100 litres.
The tax is only applicable to soft drinks, with milk or fruit based drinks exempt from the levy.
The British government is also expected to introduce a Soft Drinks Industry Levy in 2018. Two bands will be in place, one for total sugar content about 5g per 100ml and a second for the most sugary drinks with more than 8g per 100ml. The drinks will be levied at 18p and 24p per litre.
The then-chancellor, George Osborne, estimated that the levy will raise £530ml, which will go towards setting up initiatives such as breakfast clubs and sports activities for primary school children.