Beer Business Daily – beer industry news and numbers

TTB to Keep FET Reduction for All Wineries

After federal excise tax reduction passed as a part of the tax reform bill, wineries noticed a hiccup in the wording that excludes some wineries from taking advantage of the FET reduction [see WSD 03-21-2018]. Thanks to some grassroots efforts, the TTB has extended an "alternate procedure" that gives all wineries tax benefits through the end of 2019 (aka the expiration date on FET reduction).The issue was that the TTB interpreted the law to mean that the tax cuts only

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