Publications will assist owners, distributors, wholesalers
(Long Island, NY) The New York State Department of Taxation and Finance today issued ten new tax guides for the alcoholic beverage industry.
“The beer, wine, and liquor industry is an expanding part of New York’s economy,” said Commissioner of Taxation and Finance Thomas H. Mattox. “These new bulletins are written in plain language to help businesses understand and meet their obligations related to the alcoholic beverage tax.”
The Department developed the new documents with an eye toward helping a growing number of businesses involved with the purchase or distribution of beer, wine, or liquor better understand their tax responsibilities – everything from who must register as a distributor, to what kind of invoices they are required to keep, to tax exemptions.
For the new tax bulletins, see The Tax Department’s Alcoholic Beverage Tax Publications Web page: http://www.tax.ny.gov/pubs_and_bulls/tg_bulletins/alcohol_bev_by_number.htm