Article Image
News Link • TAXES: State

New York reinstates beer tax and brewers are hopping mad

• http://rt.com
 

The yeast they can do is give them a break.

A lawsuit waged in New York by a Massachusetts brewery is ending with a change that will affect independent beer makers from Buffalo all the way to the Big Apple.

As a result of a lawsuit filed by Massachusetts’ Shelton Brothers brewery, small time brewers operating within The Empire State will soon have to fork over funds to cover a newly reinstated tax policy that stands to cost craft beer producers as much as $100,000 extra each year. In 2000 a tax exemption clause was put in place to benefit brewers that both operate and distribute in New York, but now the State Liquor Authority is being forced to repeal a rule that previously offered a massive incentive for those looking to launch independent businesses across the state.

.

Join us on our Social Networks:

 

Share this page with your friends on your favorite social network:


Purse.IO Save on All Amazon Purchases