ACSA on FET Reduction: We Can’t Hear No for an Answer this Year

The American Craft Spirits Association has been working on lowering the federal excise tax for craft distillers since 2015, and the clear message during the group's Town Hall webinar yesterday was: it's now or never.BACKGROUND. The Craft Beverage Modernization and Tax Reform Act (HR 2903 & S1562) is supported by The Distilled Spirits Council, Wine Institute and the Brewers Association. It was created in 2015 to reduce excise taxes, compliance burden and regulations for brewers, vintners and distillers. In October,