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Bourbon Distillers Face Big Tax Bills and Higher Tariffs After a Record Year for Production

In addition to barrel taxes, Kentucky distillers are set to pay $300 million in state and local taxes and $1.8 billion in federal excise taxes on alcohol.

United statesUnited kingdomNorthern irelandEric gregoryMitch mcconnellKatherine taiLisa hawkinsElijah craigKentucky distiller associationCanada the european unionSpirits council of the united statesSpirits councilIrish whiskeyBluegrass stateEuropean unionDistilled spirits

Bourbon Distillers Face Big Tax Bills and Higher Tariffs After a Record Year for Production

In addition to barrel taxes, Kentucky distillers are set to pay $300 million in state and local taxes and $1.8 billion in federal excise taxes on alcohol.

United statesUnited kingdomNorthern irelandEric gregoryMitch mcconnellKatherine taiLisa hawkinsElijah craigKentucky distiller associationCanada the european unionSpirits council of the united statesSpirits councilIrish whiskeyBluegrass stateEuropean unionDistilled spirits

Chinese Baijiu Liquor Stocks Tumble Amid Regulatory Concerns

Kweichow Moutai and other Chinese liquor stocks fell Thursday, on track for five-day losses in the wake of reported new regulation on the industry.

Hong kongDamon zhangKweichow moutaiWuliangye yibinLuzhou laojiaoChina asset management coSecurities timesChina asset managementLunar newJiangsu yanghe brewery519 sz09 szChina economyHina marketsHina politicsDidi global inc

Hard Seltzer s Popularity Propels the Rise of Another Summer Drink—the Canned Cocktail

Between 2019 and 2020, the pre-mixed cocktail category grew by 50% in the United States, according to industry tracker IWSR.

United statesAnheuser busch inbevBrent albertsonFabricio zonziniJohnnie walkerAjay sethiSpirits council of the united statesDistilled spirits councilAmerica securitiesHigh noonCutwater spiritsBeam suntorySan diego basedNatural lightCrown royalKetel one botanical

To-Go Cocktails Will Stick Around in at Least 20 States After the Pandemic

Lawmakers in 14 states and the District of Columbia, have approved allowing restaurants to sell cocktails to go permanently.

New yorkUnited statesDistrict of columbiaMarbet lewisLisa hawkinsNicolas mermetAndrew cuomoMassachusetts senateMassachusetts package store associationSpirits councilDistilled spirits councilKansas citySpiritus lawRobert mellionBoston heraldAlcohol laws and regulations

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