US Senate, House Pass $900 Billion Relief Package, Including Excise Tax Reform, Additional PPP Funding
A permanent reduction in the federal excise tax for alcohol producers and importers is a signature away.
A permanent reduction in the federal excise tax for alcohol producers and importers is a signature away.
The U.S. House of Representatives and U.S. Senate have both signed off on the $900 billion economic relief package, which includes language from the Craft Beverage Modernization and Tax Reform Act (CBMTRA), as well as additional Paycheck Protection Program (PPP) funding for small businesses, among other measures.
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