IPFS News Link • TAXES: State
New York reinstates beer tax and brewers are hopping mad
• http://rt.comThe 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.
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