Deductions for Certain Losses of Alcoholic Beverages

Summary

The bill lets distributors of wine, spirits and malt drinks reduce the excise taxes they owe when products become unsellable due to breakage, spoilage, evaporation, expiration, or extraordinary events. Deductions are limited to specific percentages for each beverage type, and extraordinary losses require detailed notification and proof. The measure was laid on the table and did not become law.

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