Monday, June 10, 2013

New York Department of Taxation and Finance Issues Guidance Regarding Annual Beer Tax Return Filing

The New York State Department of Taxation and Finance issued guidance on June 10, 2013 regarding technical amendments that permit farm breweries to file annual beer tax returns (rather than monthly filings).  These changes bring consistent treatment for farm brewers, micro-breweries and restaurant breweries.  To take advantage of annual filing, a farm brewer must file an election -- Application for Annual Filing Status for Certain Beer and Wine Manufacturers.

For further information, contact:

Tim Lynn
tim@bhlawpllc.com
(315) 701-6426