Posted 12/15/2021 by the Office of Communications
This week, we published guidance clarifying certain provisions of the Craft Beverage Modernization Act (CBMA) applicable to distilled spirits. The new guidance, in the form of frequently asked questions (FAQs), addresses:
- The circumstances in which bottled distilled spirits may be transferred in bond
- The addition of water to distilled spirits transferred in bond for ensuring appropriate proof during bottling
- Changes, effective January 2022, to the type of processing activities that qualify for reduced tax rates for distilled spirits