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Wednesday, June 3, 2015

Distillers May Soon See a Big Tax Reduction — Food News


A new tax bill has been proposed that will reduce the taxes for both large and small distilleries. If passed, the taxes for the first 100,000 gallons of liquor produced at all distillers will drop from the current tax rate of $13.50 per proof gallon of liquor to just $2.70. After the first 100,000 gallons, the tax rate will be $9.

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