Federal Regulation | Read Time: 2 minutes

New 2023 Rules for Alcohol Importers and Foreign Suppliers

The Craft Beverage Modernization Act (CBMA) is a provision in the Tax Cuts and Jobs Act of 2017 that lowered taxes on all beverage alcohol producers, big and small, foreign and domestic. In 2020, the tax cuts became permanent. Effective as of January 1, 2023, the Treasury Department–particularly, the federal Alcohol and Tobacco Tax and Trade Bureau (TTB)–is in...

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Breweries | Read Time: 2 minutes

Anxious About Federal Excise Taxes…Again

The end of the federal Craft Beverage Modernization and Tax Reform Act (CBMTRA) on December 31, 2020 would mean big excise tax increases for small manufacturers. What is the CBMTRA and Where is It Going? The CBMTRA was passed along with the Tax Cuts and Jobs Act of 2017. The federal law made changes to the US Tax Code...

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Nonbeverage Products | Read Time: 3 minutes

Federal and State Requirements for Florida Manufacturers of Hand Sanitizers

Temporary Relief from Federal Requirements for Nonbeverage Alcohol To encourage the nation’s alcohol manufacturers to produce hand sanitizer and ethanol for use in hand sanitizer during the COVID-19 pandemic, the federal Alcohol and Tobacco Tax and Trade Bureau (the TTB) issued Public Guidance 2020-1 and 2020-1A. The TTB guidance continues through December 31, 2020. Under the TTB guidance, the...

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Breweries | Read Time: 3 minutes

What Beverage Manufacturers Should Know About Opportunity Zones

Beverage manufacturers–breweries, distilleries, and wineries–are ideally suited to bring valuable investment to rundown neighborhoods and distressed communities. These are the exact areas targeted by the Opportunity Zone tax incentives created by the 2017 Tax Cuts and Jobs Act. Some new and existing beverage manufacturers might benefit from locating in “O-Zones.”

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ABT | Read Time: 5 minutes

Florida Brewpubs Report – February 2014

It’s not just production breweries that are driving the growth of Florida’s brewing industry. There’s a lot of good beer coming from Florida’s brewpubs. To help Florida brewpubs and their supports stay informed about the industry, and as a companion to The Florida Breweries Report, we are launching the Florida Brewpubs Report.

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ABT | Read Time: 9 minutes

UPDATED: The Florida Breweries Report – February 2014

The number of breweries in Florida is growing rapidly, and existing Florida breweries are expanding steadily. To help Florida breweries and their supports stay informed about this expanding industry, we are beginning a new monthly feature: The Florida Breweries Report.

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Florida | Read Time: < 1 minute

New Sales Tax Exemption for Florida Manufacturers

Beginning April 30, 2014, the Florida manufacturers will be exempt from Florida’s sales and use tax on the purchase of industrial machinery and equipment used in Florida. To be eligible for the exemption, a manufacturer’s primary activity where the equipment will be located must fall within North American Industry Classification System (NAICS) codes 31, 32, and 33. NAICS codes 31,...

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