Welcome to the Straightbourbon.com Forums.
Page 9 of 9 FirstFirst ... 789
Results 81 to 87 of 87
  1. #81
    Disciple
    Join Date
    Jun 2013
    Location
    NWGA
    Posts
    1,951

    Re: Popularity of Flavored Whiskeys

    Just wait till they start a value added tax like Europe, woohoo!

  2. #82

    Re: Popularity of Flavored Whiskeys

    Quote Originally Posted by TunnelTiger View Post
    Just wait till they start a value added tax like Europe, woohoo!
    With booze, there are already lots of similar taxes. We just call them warehousing, wholesale and then sales tax.

  3. #83
    Guru
    Join Date
    Sep 2004
    Location
    Jackson, MS
    Posts
    12,456

    Re: Popularity of Flavored Whiskeys

    Then sales tax on the distributor to the retailer, then State, County and City sales taxes to me when I buy it from him.
    We're Bourbon Geeks, it's who we are, it's what we do.

  4. #84
    Virtuoso
    Join Date
    Jun 2012
    Location
    Louisville, ky
    Posts
    1,199

    Re: Popularity of Flavored Whiskeys

    Quote Originally Posted by squire View Post
    Then sales tax on the distributor to the retailer, then State, County and City sales taxes to me when I buy it from him.
    It's one of those cases where i'd love to see what the cost would be without all that (out of curiosity), but would regret that decision forever after when picking up a bottle. And as much as i know we pay plenty, every trip to Canada i am starkly reminded it could be much worse.

  5. #85
    Connoisseur
    Join Date
    Apr 2011
    Location
    Toledo, OH
    Posts
    851

    Re: Popularity of Flavored Whiskeys

    Quote Originally Posted by 393foureyedfox View Post
    paying taxes on 53 gallons every year per barrel explains the high cost of highly aged whiskeys though. if youve been paying taxes on 53 gallons for 25 years, only to open it up and get 10 gallons out of it, the cost of all those taxes over 25 years on something you cant recover, plus the cost of warehousing something for 25 years, makes for one pricey product.
    On our tour at BT we watched the barrels being filled. Then they rolled a few feet to where a bar code was added. Tour guide Freddie said that as soon as the bar code was added, the tax clock started ticking. Tick, tick, tick just like the clock in Peter Pan that haunts Capt. Hook.
    If God made anything better than bourbon he must have kept it for Hisself.

  6. #86
    Connoisseur
    Join Date
    Jan 2013
    Location
    Downriver, Detroit, MI
    Posts
    959

    Re: Popularity of Flavored Whiskeys

    In general I like flavored whiskeys very well..... But only if the flavoring agents are:
    *The Mashbill
    *The Barrel Char
    *The Lovely Red-Line
    *The Age
    *The Position in the Rickhouse

  7. #87
    Bourbonian of the Year 2002 and Guru
    Join Date
    Sep 1999
    Location
    Chicago
    Posts
    12,637

    Re: Popularity of Flavored Whiskeys

    The FET is owed when the whiskey is removed from bond or at the end of the bonding period, whichever comes first. The amount is based on volume and proof, figured to proof gallons. The rate is $13.50 per proof gallon. It is based on the actual amount withdrawn. You don't pay tax on angel's share.

    State and local taxes that are based on alcohol content are based on proof in the bottle.

 

 

Similar Threads

  1. Smoked Salmon Flavored Vodka
    By matthew0715 in forum Non-Whiskey Alcohol
    Replies: 8
    Last Post: 08-11-2010, 18:06
  2. Bourbon Flavored Chocolate
    By AussieJim in forum General Bourbon Discussion
    Replies: 10
    Last Post: 07-09-2008, 17:25
  3. New herb flavored vodka
    By tritioch in forum Non-Whiskey Alcohol
    Replies: 8
    Last Post: 03-06-2007, 17:03
  4. Flavored spirits
    By bourbonmed in forum Non-Whiskey Alcohol
    Replies: 2
    Last Post: 10-29-2003, 01:00
  5. Cherry Flavored Bourbon
    By **DONOTDELETE** in forum General Bourbon Discussion
    Replies: 2
    Last Post: 12-18-1999, 21:52

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
Back to top