Watch out for the 100,000 PG limit

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This topic has 0 replies, 1 voice, and was last updated 8 years, 3 months ago by Donald Snyder.

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     Donald Snyder
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    As we approach the middle of the year, medium sized distilleries should be on the lookout for eclipsing the first 100,000 proof gallons withdrawn from bond (~50,000 12 Pack Cases). The first 100k PG of domestic withdrawals with the lower FET rate is $2.70/PG. After 100,000 PG withdrawn, the rate is $13.34/PG up to 22.13 mil PG.

    A couple of Whiskey Systems users have eclipsed the 100,000 PG withdrawn this year already and got the full benefit of the ~$1 mil in Excise tax savings!

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