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• Kentucky Distillers Applaud Bourbon Barrel Tax Reinvestment Credit

Kentucky Distillers Applaud Bourbon Barrel Tax Reinvestment Credit

The Kentucky Distillers’ Association on Monday night applauded lawmakers upon passage of a state revenue bill that gives relief to ad valorem taxes levied every year on aging bourbon barrels. House Bill 445 offers distilleries a corporate income tax credit against the amount of barrel taxes paid, and requires distilleries to reinvest that money into […]