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Tag Archives: Tax

• CA Court of Appeal Invalidates Distilled Spirits Regulations

CA Court of Appeal Invalidates Distilled Spirits Regulations

According to the California Third District Court of Appeal ruling in Diageo-Guinness USA, Inc., et al. v. State Board of Equalization, California’s Alcoholic Beverage Tax Regulations 2558, 2558.1, 2559, 2559.1, 2559.3, and 2559.5, defining “distilled spirits” and “wine” for taxation purposes have been invalidated. Manufacturers, wine growers and importers should return to the prior practice […]

• How the Whiskey Rebellion Changed American Politics and Taxes

How the Whiskey Rebellion Changed American Politics and Taxes

In 1794, an all-out rebellion took place when farmers from 4 western Pennsylvania counties refused to pay taxes on their favorite tipple, whiskey. They fought the law and the law won, but the farmers’ defiance, known as the Whiskey Rebellion, permanently changed the political make-up of the United States. The roots of the rebellion started […]

• Beer sales slump by largest amount in 14 years. Guess where?

Beer sales slump by largest amount in 14 years. Guess where?

Britain is turning away from beer with 212 million fewer pints being sold in the last three months than the same period last year, new figures show. According to the The British Beer & Pub Association 2 billion pints were consumed in April, May and June, a fall of 9.8pc on the same three months […]

• SABMiller faces final demand for huge Indian tax bill

India’s regulatory authorities have issued a final demand for beer brewing giant SABMiller to pay a $39.5m (£24m) tax bill following its acquisition of Australian brewer Fosters’ assets in the country five years ago. The retrospective tax bill, which includes interest on the disputed sum, follows a series of claims from the Finance Ministry in […]

• Maryland lawmakers allow wineries to ship direct to residents

Maryland lawmakers allow wineries to ship direct to residents

UPDATE: A measure that allows wineries to ship directly to Maryland residents has passed the state Senate. Wineries across the state — and country — soon might be permitted to ship bottles directly to Maryland homes. Shoppers could pick up local wines at more farmers’ markets. And diners might one day be able to bring […]

• California: Board of Equalization Institutes New Wine Regulation

California: Board of Equalization Institutes New Wine Regulation

California is considering a new regulation that tax collectors say will provide clear direction to the wine industry regarding the circumstances under which a wine-based product will be classified as a distilled spirit for state tax purposes. This proposed regulation follows the same approach as the Distilled Spirits Regulations that went into effect in 2008, […]

• One Stop Shopping: Delaware Liquor Store Offers Tax Prep Services

One Stop Shopping: Delaware Liquor Store Offers Tax Prep Services

Yep, Steve certainly has the bases covered. If taxes are driving you to drink, then head on over to his Wilmington, Del., liquor store to quench your literal and tax thirsts. Once you fulfill your annual IRS filing duties, reward yourself by picking up a six pack or, depending on just what the final tax […]

• Strapped States Look To Alcohol For Shot Of Cash

Most states are confronting budget deficits big enough to drive a person to drink. Now, some of them are turning to a good, stiff drink to help generate new tax revenue. Fiscally strapped states and local jurisdictions have been beating back entrenched political opposition and moral objections to permit Sunday alcohol sales as a generator […]

• A Quarter a Drink Could Ease California Budget Deficit

A Quarter a Drink Could Ease California Budget Deficit

Marin Institute, the alcohol industry watchdog, issued a call to action today for California Governor Jerry Brown and state legislative leaders to raise excise taxes on wine, beer, and distilled spirits by 25 cents a drink to help reduce the state’s $28 billion budget shortfall. “A simple 25 cents per drink increase would generate $3.5 […]

• Say goodbye to alcohol tax in Mass. at stroke of midnight

Say goodbye to alcohol tax in Mass. at stroke of midnight

Out with the old, in with the new. Or in the case of Massachusetts shoppers, out with the old alcohol sales tax because, as the calendar flips to 2011, the state’s 6.25 percent levy on alcohol sold in stores will expire. Shoppers weren’t paying the tax long, but long enough in their minds. In 2009, […]

• IRS ruling allows vineyard owners some appellation-based deductions

Can Your AVA Reduce Your Taxes? Washington, D.C. — A Chief Counsel Advice ruling issued Oct. 8 by the IRS appears to allow some vineyard owners to depreciate the added value provided by a recognized American Viticultural Area designation. But the ruling is as yet unproven: It will not apply to everyone, and everyone who […]

• Beverage Industry Big Winner in State Elections

Beverage Industry Big Winner in State Elections

Nov. 3, 2010 /EIN Presswire/ — It may have been a big day for Republicans, but the beverage industry also won big in a number of local contests. Dallas voters lifted a 100-year-old ban on the sale of beer and wine and will open that major market to citywide sales. Voters also dumped an archaic […]

• Pennsylvania: Get ready to pay thru the nose for your alcoholic beverage

Pennsylvania: Get ready to pay thru the nose for your alcoholic beverage

Johnstown Flood tax. Onorato tax. Sales tax. Handling tax? In January, your booze — again — becomes a bit more expensive. The Pennsylvania Liquor Control Board is set to increase the “handling fees” charged to wholesalers and the general public. The size of the fee hike depends on the type of alcohol and the size […]

• Virginia: Political realities of ABC privatization

The decision last week by Gov. Bob McDonnell to call off the special session on government reform was a sensible and pragmatic response to the political realities of ABC privatization. However, it does not mean that efforts to privatize ABC stores will not continue – because this idea of government getting out of the commercial […]