Showing posts with label distillery. Show all posts
Showing posts with label distillery. Show all posts

Monday, January 18, 2016

Cuomo Wants Tax Credits for Wineries, Distilleries and Hard Cider Makers

New York Gov. Andrew Cuomo wants to extend a tax credit to small wineries, distilleries and alcoholic cider makers to encourage an industry that he says helps promote the entire state.

In his State of the State address last week the Democratic governor also announced a plan to overhaul the regulations governing online sales of craft alcohol to make it easier for producers to sell their products on the Internet.
 

The tax credit is now given to small craft breweries, and Cuomo says it makes sense to offer the same incentive to craft wineries, distilleries and cider makers.
 

He estimates that the credit would save these businesses $2 million a year, money that he says they can reinvest.
 

Cuomo also wants to eliminate existing alcoholic beverage taxes that are imposed on free tastings.

Saturday, June 21, 2014

Bill Helps Craft Beverage Industry

A bill has been passed that will continue New York state's support of the growing craft beverage industry by cutting burdensome requirements placed on producers and rolling back restrictions regarding the marketing of craft products.

This bill would provide New York manufacturers with greater opportunities to market their products, including allowing producers to serve “by the bottle” and “by the glass” as well as permitting farm distilleries to increase the retail outlets where they can sell and offer samples of their products. In addition, this bill would reduce costs for small manufacturers by permitting them to produce more of their product at lower fees.

The legislation is a result of the state’s second Wine, Beer, Spirits, and Cider Summit, held this past April. The Summit brought the farm-based beverage sector together with agricultural producers and government officials in an effort to find ways to support the rapid growth of New York’s beverage industry.