Tag Archive: Craft Beverage Modernization and Tax Reform Act
Drinks Industry Tax Cuts Extended Through Next Year
The Craft Beverage Modernization and Tax Reform Act, which includes key tax breaks for distillers, wineries, brewers, and importers, has been extended for another year. Continue reading →
Posted in News on December 23, 2019Congress To Include Extension Of Industry Tax Cuts In Year-End Legislation
With the year winding down, U.S. lawmakers have added a one-year extension of the Craft Beverage Modernization and Tax Reform Act to a year-end legislative package, assuaging fears that distillers, winemakers, brewers, and importers could see a significant tax hike in the new year. Continue reading →
Posted in News on December 17, 2019Craft Brewing and Distilling News for December 11, 2019
•U.S. craft beer production is on pace to rise about 4% for calendar 2019, according to the Brewers Association, decelerating slightly from a 5% increase last year. Continue reading →
Posted in News on December 11, 2019Wine Spectator: Alcohol Excise Cuts Are Included in Republicans’ Final Tax Bill
After weeks of negotiations, congressional Republicans have crafted a tax-cut bill they believe can pass both the House and Senate this week. Continue reading →
Posted in News on December 19, 2017Wine Spectator: As U.S. Senate Considers Tax Bill, Wineries Seek a Break
Taxes are the hottest topic in Washington, D.C., right now. Continue reading →
Posted in News on December 1, 2017Craft Spirits FET Proposal Now Added To The Broader GOP Tax Reform Bill
The Senate Finance Committee has included the Craft Beverage Modernization and Tax Reform Act in an amendment to the GOP tax reform plan currently under consideration on Capitol Hill. Continue reading →
Posted in News on November 16, 2017
