RTD Tax and Definition Bill Intro’d in NJ

Share Post

A.B. 5496 creates new taxable category of alcoholic beverages called flavored malt beverages defined as a beverage having an alcoholic content of one half of one per centum (1/2 of 1%) or more by volume for which the producer is required to file a formula for approval with the United States Alcohol and Tobacco Tax and Trade Bureau, and taxed at a rate of $4.40/gallon.

Was this article helpful?