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Cheers to US tax cut for cider, craft beer makers

Tax has been lowered to US$0.07 a gallon from US$1 for small producers of cider; craft beermakers will pay tax of only US$3.50 a barrel on the first 60,000 barrels brewed

Washington

MAKERS of craft beer, artisanal spirits, hard cider and mead may lift their glasses a bit higher next year as the result of a little noticed provision in the sweeping tax overhaul that the US Congress passed this week.

Tucked away in Part...

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