Senate Bill 157 provides an individual income tax subtraction for any income of a taxpayer engaged in the business of farming as defined under federal law attributable to the sale of barley, hops, or wheat grown by the taxpayer to a Virginia craft brewery. A “Virginia craft brewery” is defined as a brewery that manufactures its beer solely in the Commonwealth and that has a total annual production of three million barrels of beer or less.
Virginia Tax Incentive for Sales to Craft Brewery
Pete Johnson serves as the State & Regulatory Affairs Manager for the Brewers Association (BA). He joined the BA at its inception in 2005, having previously worked as Programs Director for the Brewers Association of America. Before coming to the small brewing industry in 2001, Pete worked for 14 years with both state and federal elected officials in Pennsylvania and Washington, D.C.
See Pete Johnson's ArticlesLinks:
Pete Johnson serves as the State & Regulatory Affairs Manager for the Brewers Association (BA). He joined the BA at its inception in 2005, having previously worked as Programs Director for the Brewers Association of America. Before coming to the small brewing industry in 2001, Pete worked for 14 years with both state and federal elected officials in Pennsylvania and Washington, D.C.
See Pete Johnson's Articles