House Bill 212 seeks to change the liquor excise tax from a fixed amount of tax to a tax rate on the wholesale price. All wholesalers would pay an excise tax of six percent of the wholesale price of beer, nine percent of the wholesale price of wine, and twelve percent of the wholesale price of spirits. The tax on wholesale craft products is levied at the same proportion as it is currently.
NM Excise Tax Calculation Change Considered
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Written By
Pete Johnson
, State & Regulatory Affairs Manager
State & Regulatory Affairs Manager
Pete Johnson serves as the State & Regulatory Affairs Manager for the Brewers Association (BA). He joined the BA at its inception in 2005, having previously worked as Programs Director for the Brewers Association of America. Before coming to the small brewing industry in 2001, Pete worked for 14 years with both state and federal elected officials in Pennsylvania and Washington, D.C.
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Link to author biography
Written By
Pete Johnson
, State & Regulatory Affairs Manager
State & Regulatory Affairs Manager
Pete Johnson serves as the State & Regulatory Affairs Manager for the Brewers Association (BA). He joined the BA at its inception in 2005, having previously worked as Programs Director for the Brewers Association of America. Before coming to the small brewing industry in 2001, Pete worked for 14 years with both state and federal elected officials in Pennsylvania and Washington, D.C.
See Pete Johnson's Articles
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