Kentucky’s bourbon distillers may soon be getting one of their biggest wishes… a change in the barrel tax. The tax, named because it charges property taxes on bourbon aging in barrels in distillery warehouses, is one of its kind. But other alcoholic beverages made it the commonwealth aren’t subject to the same taxes, Beshear says.… Continue reading Beshear Highlights Barrel Tax As One of First Priority for Tax Commission
From Dan Conti, Kentucky Public Radio The president of the Kentucky Distillers Association says bourbon production in the commonwealth has increased by more than 50-percent since 1999. Eric Gregory told a legislative panel in Frankfort that in 2010, Kentucky distilleries rolled out 786,000 barrels of bourbon.