Distillery Innovation and Excise Tax Reform Act of 2015
The Distillery Innovation and Excise Tax Reform Act of 2015 reflects a new bipartisan bill that will decrease the current tax per gallon rate by 80% for a distiller's first 100,000 gallons. Additional gallons produced will be taxed at a higher tax rate. Therefore, favoring small craft distillers instead of larger ones.
Post edited by Alex Oxford on