In the new year, you’ll be paying less tax to tipple. The new tax law passed by Congress and signed by President Donald Trump will cut excise taxes on beer, wine and distilled spirits over the next two years. It’s especially generous for craft brewers, cutting the federal excise tax from $7 to $3.50 per barrel.
LINCOLN, Neb. - The owners of four now-closed stores that sold millions of cans of beer next to an American Indian reservation where alcohol is banned are fighting a steep Nebraska tax bill.
It’s that time of year again when it’s time to start thinking about all of those resolutions that likely won’t stick. According to a story by U.S. News & World Reportin 2015, about 80 percent of people give up these goals by February.
Shares of Kweichow Moutai Co. gained the most since mid-2015 after the world’s most valuable spirits maker said it will raise the price for its signature drink for the first time in five years.
Local liquor stores in the state could be faced with a reduction in sales this New Year’s Eve due to the festivities falling on Sunday, which will prohibit the purchase of liquor.
SALT LAKE CITY (AP) — Sales at Utah state liquor stores broke an all-time record on the Friday before Christmas.
The state Department of Alcoholic Beverage Control says there were more than $3.78 million in sales on Dec. 22 at the state's 45 state liquor stores.
CANADA - For years, Carolyn Rebeyka has met friends at the same Regina bar every Friday afternoon for drinks. Sometimes they’d be celebrating a birthday or triumph at work, other times it was just to catch up.
ALBUQUERQUE, N.M. (KRQE) – As midnight approaches on New Year’s Eve, you may want to thank the state legislature for keeping the party going. Normally, bars have to close early on a Sunday night, but not this coming weekend.
Irish whiskey led strong growth in the value of spirits exports from the Republic to almost €650 million, industry figures show. A new analysis of the drinks industry from the Alcohol Beverage Federation of Ireland shows that the sector exports €1.1 billion a year to 130 countries.
SPORTS administrators, licensed clubs and broadcasters have warned a “nanny state” ban on all alcohol advertising would be out of step with the community and hurt grassroots sports.