I don’t know how many of my buddies are storing at least 400,000 barrels of distilled spirits. But I’m all sure they all need a special tax credit.
B 135 (BR 459) - D. Graham
AN ACT relating to the taxation of the distilled spirits industry.
Create a new section of KRS Chapter 141 to establish the distilled spirits income tax credit, in an amount equal to the ad valorem tax assessed and timely paid as provided by KRS 132.160, to taxpayers storing at least 400,000 barrels; amend KRS 141.0205 to provide for the ordering of the credit.
Jan 4-introduced in House
Jan 5-to Appropriations & Revenue (H)
How deep in the pocket of the whisky industry is Derrick Graham?