Senate Reintroduces Tax Bill to Extend FET Reduction

Federal excise tax reduction is back on the agenda in Congress. The Craft Beverage Modernization and Tax Reform Act (CBMTRA) was reintroduced in the US Senate today by Senators Ron Wyden and Roy Blunt. Now they're looking to make the tax relief permanent or at least extend it. You'll recall, the CBMTRA passed as part of a larger tax bill at the end of 2017. But it's set to expire by the end of 2019. As a refresher, the details