Articles Tagged with 'Beer Institute'

US Senate Passes Tax Bill, Approves Tax Breaks for Booze Makers

US Senate Passes Tax Bill, Approves Tax Breaks for Booze Makers

The United States Senate passed a sweeping tax reform bill early Saturday morning that includes a number of changes to the tax code and benefits alcohol producers. With a vote of 51-49 today, the Senate passed H.R. 1, the “Tax Cuts and Jobs Act,” which is the largest tax overhaul in 31 years and includes the Craft Beverage Modernization and Tax Reform Act (CBMTRA).

The Majority of US Senators Now Endorse Beer Excise Tax Reform

The Majority of US Senators Now Endorse Beer Excise Tax Reform

A majority of U.S. senate members now support legislation that would reduce excise taxes on all brewers and importers. According to a press release jointly produced by six beverage lobbying groups, including the Beer Institute and the Brewers Association, 51 senators have co-sponsored Senate Bill 236, known as the Craft Beverage Modernization and Tax Reform Act (CBMTRA).

Executives Call for Unity at Beer Institute Meeting

Executives Call for Unity at Beer Institute Meeting

Executives from the largest beer companies in the U.S. gathered in San Diego this week for the annual Beer Institute (BI) meeting, and a theme of unity emerged as industry leaders attempt to stem continued share losses to wine and spirits.