New Delhi: In India, just like Amul is to butter, Kingfisher has been to beer for decades. But things are changing fast. The country’s biggest beer brand is losing market share to premium foreign brands as urban Indians develop a liking for high-end brands over high alcohol content in their beers.
This post does not constitute tax advice. It summarizes changes in alcohol beverage excise tax laws to assist industry members in planning to implement the changes. Excise tax calculations and liability must be determined for each taxpayer based on numerous variables.
RACINE — People licensed to sell alcohol in Racine could become subject to a demerit point system that monitors compliance with local rules and state laws.
The system was first proposed by City Attorney Scott Letteney in July and revisited this month by Racine’s Committee of the Whole.The city’s first microdistillery with a tasting room will open next month. Dead Reckoning Distillery, a small-batch rum maker, plans to offer its first tours and tastings Jan. 12.
PORT HURON, Mich. (AP) — Michigan lawmakers are working on a bill to allow out-of-town veterans to buy drinks at clubs run by the Veterans of Foreign Wars or the American Legion.
Under current law, veterans from out of town must rely on the generosity of others if they want a drink. The Michigan Liquor Control Commission says drinks can only be sold directly to local members at clubs, although the restriction isn't always followed.
The Joint Interim Revenue Committee approved a bill proposing a 3 percent increase in the maximum state profit on sales of wine and spirits earlier this month. The proposal will now be introduced when the Legislature meets Feb. 12 and needs a two-thirds approval to officially go to voting.
WHITEHORSE — Concerns from national alcohol companies have prompted the Yukon Liquor Corp., to stop putting warning labels about the risk of cancer on all bottles and cans sold in the Whitehorse liquor store, at least for now.
SACRAMENTO (CBS13) — This time of year, many bartenders say they’re used to seeing people reflecting with a bit too much to drink and not enough dough to pay for a ride home. But lawmakers say they have an easy fix with a new law that goes into effect on New Year’s Day.
Holiday festivities are underway, and that means plenty of food and drinks. But, can those drinks cause you to have a heart attack?
OXFORD – A planned gin distillery will have to get approval from the Mississippi Department of Revenue to operate after a local government rejected it.