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Cheers! Cider, craft beer makers get US tax cut in new year Makers of craft beer, artisanal spirits, hard cider and mead may lift their glasses a bit higher next year as the result of a little noticed provision in the sweeping tax overhaul the U.S. Congress passed this week. Tucked away in Part IX, sections 13801 through 13808, are sharply lowered excise taxes on a ...
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New York's brewers, distillers are toasting GOP tax overhaul The Big Apple's craft brewers and liquor distillers are toasting a new rule hidden deep in the GOP's tax overhaul that drastically slashes federal taxes on boutique producers of beer, spirits and hard cider. "It's huge," said Jay Sykes, co-owner of Flagship Brewing in Staten Island. "For us, it cuts our tax ...
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Don't Count AB InBev's Budweiser Out Just Yet In doing so, the company became a true megabrewer, responsible for producing approximately one-quarter of all the beer consumed in the world. Those who buy its shares believe its global dominance will win the day, no matter what craft brewers do. But that doesn't mean the company is giving up its ...
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Biggest San Diego beer and booze news of 2017 The rise of booze Even as craft beer's reach in San Diego continued to expand in 2017, 17 new local wineries brought the total number to 133. Alternative alcohol producers also entered the market at an unprecedented clip, with mead and cider producers leading the way, occasionally within the same ...
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Don't Count AB InBev's Budweiser Out Just Yet You may think craft beer is where it's at, but if you ask AB InBev (NYSE:BUD), its three global beer brands (the most prominent of which is Budweiser) are doing just fine. While it owns over 500 brands, megabrewer AB InBev has three global brands: Budweiser, Stella Artois, and Corona. Worldwide ...
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GOP Tax Cuts to Boost Output, Profitability of Small Distillers, Breweries The recently adopted tax reform package includes a provision which significantly lowers excise taxes for US craft brewers and small-time distilleries, allowing ... America's small, Main Street brewers – 6,000 strong and located in every state and virtually every congressional district in the country – are ...
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Holiday wishes and hopes for Federal Way With word that the city of Madras in north central Oregon is actively pursuing a craft brewery, we wonder what the opportunities are for such an establishment in our city of about 98,000 residents. Madras, with its population approximately 6,729 as of 2016, is a small blip on the map, and yet thousands of ...
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Popular Place - Lunn's Mill brews, taproom growing in popularity The professional photographer happened upon Lunn's Mill Beer Company on Highway 201 just west of the village -- and stopped in to check out their new taproom. It's their first year of production and demand for the local craft beer keeps brewers like Sean Ebert and Mark Reid hopping – so to speak.
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The top local business stories of the year Nikos Ridge steps down as chief executive at Eugene-based Ninkasi, one of the nation's largest craft brewers. Ridge, who co-founded Ninkasi in Springfield with Jamie Floyd in 2006, was replaced as CEO by Cheryl Collins, formerly Ninkasi's chief operating officer. Ridge continues to work at Ninkasi as ...
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