Virginia Tax Incentive for Sales to Craft Brewery

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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.

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