Demystifying Excise Taxes on Ready-to-Drink Beverages
Ready-to-drink beverages, often abbreviated as RTDs, have become quite popular among folks looking for convenient, pre-mixed alcoholic cocktails. These beverages come in cans and are ready for consumption right out of the fridge. However, behind the convenience lies a tangled web of taxation complexities, especially when it comes to excise taxes. Firstly, let’s understand what RTDs are. These beverages...
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