Distillery Innovation and Excise Tax Reform Act

2015-05-21

Introduced in House

Distillery Innovation and Excise Tax Reform Act of 2015

Amends the Internal Revenue Code to reduce the excise tax rate on distilled spirits produced in or imported into the United States from $13.50 to $9.00 per proof gallon and to $2.70 on the first 100,000 proof gallons. Makes the $2.70 per proof gallon rate applicable to a specified controlled group of corporations that is a distilled spirits operation.

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