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Craft beverage modernization Act

Posted: Wed Jan 10, 2018 10:09 am
by Tapeman
Apparently the craft beverage modernization and Tax Act of 2017 passed and was written into law on December 20th 2017. Does anyone have information about the latest version that actually got passed? It seems to have gone through with the tax rewrite, but I haven't actually seen a copy of what got approved. Maybe we are now legal?

Re: Craft beverage modernization Act

Posted: Wed Jan 10, 2018 11:52 am
by jonnys_spirit
Doesn't look like it. It does look like some potential tax relief for producers though so yay!.

https://www.congress.gov/bill/115th-con ... e-bill/236" onclick="window.open(this.href);return false;" rel="nofollow

Cheers!
-j

Re: Craft beverage modernization Act

Posted: Thu Jan 11, 2018 6:27 am
by Tapeman
It appears you are correct. This only reduces the tax that Distillers pay, and only for two years based on other info in the amendment.