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New York Senate Bill Could Provide Tax Exemption for Beer, Cider, and Liquor Tastings

New York Bill S06556, introduced on January 26, 2016, would allow licensed breweries, cider producers, and distilleries to provide tastings without having to pay sales tax even if they charge for the tasting.

According to an article, "Under current law, any wine, beer, cider or liquor tasting that is provided free of charge is exempt from having to impose the state sales and use tax. However, wineries are granted a sales tax exemption even if they charge for the tasting, something that breweries, cideries and distilleries do not receive."

Sales tax rates by jurisdiction are changing constantly, and continue to grow in complexity. Most SMBs have limited tax expertise in-house. Compliance is key to avoid expensive audits and penalties. Learn more about Vertex Cloud's features.

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