News & Analysis as of

Beer Excise Tax

McDermott Will & Emery

The Tax Implications of Purchasing Craft Producers in the First Half of a Year

McDermott Will & Emery on

If a large beverage company is considering purchasing or selling a craft beverage producer, it’s essential to understand how the craft producer may lose its earlier eligibility for reduced tax rates under the Craft Beverage...more

Stikeman Elliott LLP

Canada’s 2022 Federal Budget: Commodity Tax Measures

Stikeman Elliott LLP on

On April 7, 2022, the Government of Canada unveiled its 2022 federal budget (“Budget 2022”) and announced certain important commodity tax measures. Budget 2022 includes proposed amendments to past proposals, as well as some...more

Husch Blackwell LLP

Federal Circuit Strikes Down Treasury Regulations Limiting Drawback Refunds On Beer And Wine Exports

Husch Blackwell LLP on

On August 23rd the U.S. Court of Appeals for the Federal Circuit (“Federal Circuit”) struck down federal regulations restricting refunds on export taxes and restricting beer and wine manufacturers greater tax refunds for...more

McDermott Will & Emery

TTB Publishes New Nonbeverage Product Formula Form

McDermott Will & Emery on

On August 12, 2019, the Alcohol and Tobacco Tax and Trade Bureau (TTB) published its updated Formula and Process for Nonbeverage Product, TTB Form 5154.1. The Nonbeverage Product approval process is critical to obtain...more

Holland & Hart LLP

Utah Legislative Update: Session Review

Holland & Hart LLP on

The Utah Legislature adjourned at 11 p.m. on March 14th – a full hour before their hard stop midnight deadline. The Legislature passed a record 574 bills this year, which is a bit of a surprise when several weighty issues...more

McDermott Will & Emery

New CBMA Guidance Further Clarifies Excise Tax Rules for Imported Beverages

McDermott Will & Emery on

Last week Customs & Border Protection (CBP) issued additional guidance on the Craft Beverage Modernization Act (CBMA) rules for applying the CBMA lower excise tax rates (for beer and distilled spirits) and credits (for wine)...more

McDermott Will & Emery

Customs and Border Protection Interim Regulations for Refunds of Excise Taxes on Imported Beer, Wine and Spirits

McDermott Will & Emery on

US Customs and Border Protection (CBP) expects to publish tomorrow Interim Regulations authorizing the refund of beer, wine, and spirits excise taxes in connection with the 2017 tax reform act’s reduced rates and credits...more

Holland & Hart LLP

Five Tips for Starting Your New Brewery

Holland & Hart LLP on

So you decided to start a brewery—that’s awesome. You’re in good company. The number of craft breweries in the U.S. has ballooned in the past decade, growing 322% from 1,500+ in 2007 to almost 6,400 in 2017. Whether your...more

Bowditch & Dewey

Craft Brewers Raising Their Glasses to the Beer Excise Tax

Bowditch & Dewey on

The over 3,700 small brewers (defined as those producing less than 2 million barrels) in the United States had something to cheer about in the Tax Cuts and Jobs Act, which was signed into law at the end of 2017. As part of...more

Sherman & Howard L.L.C.

TTB Gives Initial Guidance on Excise Tax Cuts

The Alcohol and Tobacco Tax and Trade Bureau (TTB) has set up a Craft Beverage Modernization and Tax Reform website to provide industry members more information on how the TTB will implement portions of the Tax Cuts and Jobs...more

Burr & Forman

Toasting Tax Reform’s Impact on Brewers, Vintners, Distillers and Distributors

Burr & Forman on

In addition to the more publicized portions of the recent tax legislation, certain provisions also positively impact your favorite local craft brew, regional small batch wine or even a locally distilled alcoholic beverage....more

Ward and Smith, P.A.

It's Official: Brewers Will Pay Less Tax in 2018. Now What?

Ward and Smith, P.A. on

On December 22, 2017, the President signed into law the Tax Cuts and Jobs Act, which reduces the federal excise tax on brewers for years 2018, 2019, and 2020. A detailed description of how the new law reduces brewers' excise...more

Williams Mullen

New Tax Bill Includes Significant Changes to Federal Alcohol Excise Taxes

Williams Mullen on

On Wednesday, December 20, 2017, Congress passed H.R. 1, commonly known as the Tax Cuts and Jobs Act (the “Act”), and President Trump signed the Act into law on Friday, December 22nd. The Act makes significant changes to...more

Bradley Arant Boult Cummings LLP

Congress Overhauls Excise Taxes for Alcohol Producers

Brewers, vintners and distillers across the country raised their glasses as Congress passed the Tax Cuts and Jobs Act and, with it, the Craft Beverage Modernization and Tax Reform Act of 2017. The Craft Beverage Tax Reform...more

McDermott Will & Emery

Excise Tax Relief for Breweries, Wineries and Distilleries

McDermott Will & Emery on

The new tax law formerly referred to as the Tax Cuts and Jobs Act of 2017, provides a temporary reduction in alcohol beverage excise taxes for US brewers, winemakers, distillers and beverage importers. Temporary tax relief is...more

Ward and Smith, P.A.

Cheers! Brewers Will Have Reason to Toast if Proposed Tax Changes Become Law

Ward and Smith, P.A. on

Much press has been given to recent efforts in Congress to reform the federal tax code. The House and the Senate have each proposed their own bills to amend the tax laws, and congressional leaders are fervently trying to...more

Holland & Knight LLP

Food and Beverage Law Update: January 2016

Holland & Knight LLP on

Key Issues Facing Food Retailers - Compliance and Cybersecurity: Consero Group surveyed the general counsel of Fortune 1,000 companies in June 2015 and learned that 60 percent still lack the proper preparation for a...more

Baker Donelson

Reduction of Excise Tax on Craft Beer on the Horizon?

Baker Donelson on

Twenty-five U.S. senators are sponsoring a bill that will help the United States craft beer industry by reducing the excise tax on beer made by small brewers. Currently, brewers making fewer than 2 million barrels annually...more

18 Results
 / 
View per page
Page: of 1

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
- hide
- hide