RTD Definition and Tax Bill Intro’d in MN

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Companions Senate Bill 2537 and House Bill 2558 provide a definition of “low-alcohol volume prepackaged beverages” to mean a canned or bottled alcoholic beverage made from distilled spirits and other nonalcoholic ingredients, containing not more than 14 percent alcohol by volume. Such beverages would be taxed at the equivalent ABV wine rate of $0.95/gallon.