Tax Reduction Act Signed Into Law

On December 27, President Trump signed into law the Craft Beverage Modernization and Tax Reform Act of 2019, making permanent the federal excise tax reduction for distillers. Quote: “While distilleries have faced extraordinary challenges this year, this legislation making their reduced tax rates permanent will give these distillers a renewed sense of certainty and hopefulness for the future”Chris Swonger, DISCUS President & CEO

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