Chamber gets provincial support for tax change
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The Greater Vernon Chamber of Commerce is getting provincial support in its push for a federal tax change to help distilleries.
Delegates at the B.C. Chamber of Commerce conference approved a resolution from Greater Vernon that calls on Ottawa to reduce the excise tax on distilled spirits, and to match the excise rate in the U.S. on an ongoing basis.
Chamber General Manager Dione Chambers says reducing the tax would provide existing and new distilleries with funds that could be reinvested into additional equipment, labour, and facilities, and would also provide a boost to agriculture with the grains and fruit used in alcohol production.
“We have worked closely with the Dyck family at Vernon’s Okanagan Spirits Craft Distillery and the Craft Distillers Guild of B.C. and we understand the regulatory challenges they experience, particularly when it comes to competition from the U.S.,” says Chambers.
