Confidential News Hotline

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April Numbers Worth Knowing

FILED MAY 26, 2017 For the first time in years, beverage alcohol sales off-premise grew slower (2.4%) than the larger food and beverage category (3.9%) during the 12 month period to April, according to a BW166 report.
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Border Adjustment Tax Dies; B-F Denies Possibility of Sale

FILED MAY 26, 2017 The border adjustment tax (BAT) "looks as if it's finally dead," according to the New York Times, which claims Republicans "will struggle to meet their goal of enacting a sweeping rewrite of the tax code in 2017." Recall, the idea for the measure was to levy a tax on imports, but exempt exports from taxation.
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