Tag Archives: Craft Beverage Modernization and Tax Reform Act

House Passes Permanent FET Reform

Posted on December 21, 2020 by Joel Whitaker

The U.S. House of Representatives passed and sent to the Senate the Craft Beverage Modernization & Tax Reform Act.  Once passed by the Senate, President Trump is  expected to sign CBMTRA, making a reduced Federal Excise Tax (FET) permanent for … Continue reading →

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10,000 Craft Spirits Workers Face Loss of Jobs in Tax Relief Isn’t Extended

Posted on November 18, 2020 by Joel Whitaker

Nearly 10,000 craft distiller employees will lose their jobs if the Craft Beverage Modernization and Tax Reform Act (CBMTRA) isn’t passed.  Failure to renew the lower tax rates included in the measue will also result in a 40% reduction in … Continue reading →

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Death of Ginsburg Seen Pushing Craft Tax Bill Action to Year End

Posted on September 21, 2020 by Joel Whitaker

It wasn’t so much the fact that Supreme Court Justice Ruth Bader Ginsburg died Friday night that shocked Washington as its timing.  Coming right in the midst of a nasty presidential campaign, amid bitter divisions on many issues — from … Continue reading →

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Bev/Al Coalition: Today is the Day to Call Congress to Support Craft Bev/Al Producers

Posted on September 8, 2020 by Joel Whitaker

Bev/Al leaders are urging industry advocates across the nation to participate in a national Day of Action on today (9/9) by contacting their members of Congress to urge passage of the Craft Beverage Modernization and Tax Reform Act, S.362/H.R. 1175 … Continue reading →

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