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Tag: Craft Beverage Modernization and Tax Reform Act

Afternoon Brief, May 11

Afternoon Brief, May 11

Small Wineries Hoping for Tax Cuts Face Massive Tax Hikes Instead
Last year’s big tax bill included excise-tax cuts for American wineries, but an error means many now face a potential tax hike…

By May 11, 2018 0 Comments Read More →
Valenzano Family Winery Issues Christmas Bonuses and Creates a New Position After Passing of Tax Cut & Reform Bill

Valenzano Family Winery Issues Christmas Bonuses and Creates a New Position After Passing of Tax Cut & Reform Bill

Shamong, NJ – Although the bill’s reduction of the corporate tax rate does not directly affect companies setup as LLCs, we are certain that the tax cut and reform bill will create economic stimulation which will have a massive effect on the economy in 2018. So much so, once we were certain this bill was going to pass we issued […]

By December 28, 2017 0 Comments Read More →
Congress Passes First Wine Excise Tax Reduction in 80 Years

Congress Passes First Wine Excise Tax Reduction in 80 Years

Historic Legislation Will Provide Significant Benefits and Reduce the Federal Excise Tax Burden on All Wineries Washington, D.C. — Wine Institute applauds today’s Congressional action to enact the first reduction in wine excise taxes in over 80 years and only the second reduction in the nation’s history. The comprehensive tax legislation (H.R. 1) passed by […]

By December 20, 2017 0 Comments Read More →
Brewers Association, Beer Institute, Distilled Spirits Council of the United States, American Craft Spirits Association, Wine Institute and WineAmerica Praise Majority Support in Both House and Senate for Craft Beverage Modernization and Tax Reform Act

Brewers Association, Beer Institute, Distilled Spirits Council of the United States, American Craft Spirits Association, Wine Institute and WineAmerica Praise Majority Support in Both House and Senate for Craft Beverage Modernization and Tax Reform Act

Craft Beverage Modernization and Tax Reform Act Reaches Backing from 51 Senators WASHINGTON, DC— Leaders of the Beer Institute, Brewers Association, Distilled Spirits Council of the United States, American Craft Spirits Association, Wine Institute and WineAmerica released the following statement after Senator Jim Inhofe (R-Oklahoma) became the 51st member of the United States Senate to […]

By October 19, 2017 0 Comments Read More →