Establishes a beer-equivalent excise tax rate for low-alcohol ready-to-drink spirits products from eligible New York farm distilleries and small.
The New York Farm Distillery RTD Excise Tax Bill establishes a beer-equivalent excise tax rate for certain low-alcohol ready-to-drink spirits products manufactured by eligible New York farm distilleries and small craft distilleries. The tax applies to products containing more than two percent and not more than twenty-four percent alcohol by volume, packaged in sealed containers for retail sale, and intended for direct consumption without dilution.
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- Core Provisions
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- Legal Framework
- Critical Issues
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