TITLE

P.R., USVI federal rum-tax rebate of $13.25 per proof gallon is extended

AUTHOR(S)
Márquez, Carlos
PUB. DATE
October 2008
SOURCE
Caribbean Business;10/9/2008, Vol. 36 Issue 40, p4
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the extension of the federal rum excise tax (FET) formula rebate for Puerto Rico and the U.S. Virgin Islands. The rum-tax measure will continue to receive $13.25 for each proof gallon of rum produced and sold in the U.S. through the end of 2009. The provision to continue to refund $400 million in annual rebates of rum excise tax is included in the approval of Economic Emergency Financial Act.
ACCESSION #
34875737

 

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