US Booze Cos. Tell UK To Adopt American Tax Structure

Law360, New York (October 30, 2013, 6:28 PM EDT) -- With the United Kingdom looking to curtail the $700 million in revenue it lost to alcohol duty fraud last year, one trade group says the country should try a more American approach to taxes and booze, which also discourages vertical monopolies.

Wine & Spirits Wholesalers of America, the trade organization representing liquor industry wholesalers, wrote to its friends across the pond to suggest adopting America’s three-tiered regulation system. The U.S. system separates producers, wholesalers and retailers, preventing vertical monopolies better equipped to commit tax fraud, the trade...
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