H.R.1987 - Domestic Spirits Tax Equity Act of 2001107th Congress (2001-2002)
||Rep. Collins, Mac [R-GA-3] (Introduced 05/24/2001)
||House - Ways and Means
||05/24/2001 Referred to the House Committee on Ways and Means. (All Actions)
This bill has the status Introduced
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Introduced in House (05/24/2001)
Domestic Spirits Tax Equity Act of 2001 - Amends the Internal Revenue Code to allow a distilled spirits wholesaler a distilled spirits wholesalers credit equal to the product of: (1) the number of cases of bottled distilled spirits which were bottled in the United States and which are purchased by such wholesaler during the taxable year directly from the distiller or importer of such spirits; and (2) the average tax-financing cost per case for the most recent calendar year ending before the beginning of such taxable year.