United States of America: Reduced tax rates for domestic but not imported craft beers

Announcement

01 Jan 2018

While several of the provisions of the Craft Beverage Modernization and Tax Reform Act of 2017 are extended equally to domestic and foreign producers, a reduced rate for the smallest beer producers is granted only to domestic producers.

Source

Number of interventions

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

01 Jan 2018

Revocation date:

31 Dec 2019

Updated: 01 Jan 2018

Tax or social insurance relief

On December 22, 2017, President Trump signed into law the Tax Cuts and Jobs Act (Public Law 115-97), one part of which is entitled the Craft Beverage Modernization and Tax Reform Act of 2017 (CBMA)...

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