CBMTRA Tax Reform Act to save US Craft Brewers millions of dollars

December 21, 2017
CMBTRA Tax Reform Act

Breweries, Wineries and distilled spirits producers to benefit across America On 20th December 2017, the 115th United States Congress passed H.R.1, the Tax Cuts and Jobs Act. Included in this legislation is the Craft Beverage Modernization and Tax Reform Act (CBMTRA), which lowers the federal excise tax for breweries, wineries and distilled spirits producers. Under…

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