Webb23 dec. 2024 · That’s because the rum cover-over tax is now being assessed at $10.50 per proof gallon of rum, instead of the $13.25 for the past five years. Delegate to Congress … http://gonzalez-colon.house.gov/media/press-releases/plaskett-and-gonzalez-colon-introduce-legislation-permanence-federal-rebate
Rum Cover: PR & USVI 2024 - The National Law Review
Webb16 aug. 2024 · Currently, there is an excise tax of $13.50 per spirit gallon on all rum sold in the United States. $10.50 of that is covered over to Puerto Rico; and since 1999, an … Webb20 sep. 2012 · The Rum Excise Tax Cover-Over: Legislative History and Current Issues (R41028) Title: The Rum Excise Tax Cover-Over: Legislative History and Current Issues. … fake hacking screen full screen
Congress should give taxpayers the gift of ending rum subsidies
Webb10 juli 2014 · Rum, like all spirits, falls under a federal excise tax of $13.25 per proof-gallon. The federal tax revenue collected from rum produced in Puerto Rico, the U.S. Virgin Islands, or internationally is transferred to the governments of Puerto Rico and the U.S … Webb29 aug. 2024 · Congress could cap subsidies to rum companies at 10% of the money coming back to the territories. That might reduce the incentive to run up production to … WebbAdditional Rum Cover Over for Puerto Rico and the US Virgin Islands Approved in 2024 Budget Legislation By Arthur J. DeCelle on Feb 9, 2024 Posted In Alcohol Excise Taxes , … fake hacking prank website