Different sized glasses and mugs of beer.

Craft Brewing Business Publishes “Can we Define a ‘Craft Brewery’ by Tax Codes?”

Craft Brewing Business published an article by Bowditch & Dewey attorney Tim Powell on February 24 discussing the legal and tax differences between “macro” and “craft” breweries in the United States. The Brewers Association sets forth a specific production volume, under which a brewery may label itself “craft,” but there is currently no law prohibiting even the largest breweries from using the term for branding purposes. However, the Tax Code identifies its own volume threshold dividing large and small breweries, and extends a tax incentive to those falling into the latter category.

Read “Can we Define a ‘Craft Brewery’ by Tax Codes?” below or on the Craft Brewing Business website HERE.

Categorized: Taxes

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