Tax act on produced and imported wine

United States - The Craft Beverage Modernization and Tax Reform provisions of the Tax Cuts and Jobs Act of 2017 were extended through 31 December 2020. The Alcohol Tax and Trade Bureau (TTB) produced a guide to address frequently asked questions related to the tax act. Among other things, the TTB offers guidance on different credits on domestically produced and imported wine. Source: FIVS