In a world where the spread of COVID-19 is increasing and where consumers and businesses alike have encouraged “social distancing,” it is not without many sacrifices. The wine industry and other service-based businesses are certainly not immune and must be creative during a time where consumers and workers are staying home….
Tag: tax
New York Legislature Amends Tax Law To Help Small Wineries
In recent news, the Assembly and Senate of New York both passed a bill to amend the state’s tax law. The bill proposed a change to the current law which would significantly help small wineries within the state. The summary of the bill provides that it “[e]xempts certain wineries from…
How Important are Federal Excise Taxes to the Wine Industry?
One of the major functions of the TTB, the federal agency that has primary jurisdiction over alcohol beverages in the U.S., is to collect federal excise taxes on alcohol beverages. As TTB more thoroughly explains on its website, excise tax rate depends on commodity type as well as product. See Tax…
Wine Law Seminar in Texas October 20th & 21st and a Special ‘On Reserve’ Discount
Law Seminars International presents the Third Annual Comprehensive Conference on Texas Wine Law, to be hosted in Austin, Texas this October 20th and 21st at the Hilton Austin Hotel. It is recommended that “[a]ttorneys, vineyard operators, grape growers, wine producers and distributors, government regulators involved with the production and distribution…