Califorinia: New Regulation Could Tax Some Wine Grape Growers
Califorinia: New Regulation Could Tax Some Wine Grape Growers
Mar 10, 2011 6
The vice chairman of a little-known board that collects taxes and fees supporting state and local government in California is complaining that a proposed regulation crafted by her own agency on wine-based products could end up draining some wine producers and growers of millions of dollars.
At the heart of the tussle is a proposed rule that gives a new definition of "wine" for tax purposes.
Michelle Steel, vice chairman of the board, said, "It's more regulations. It's always bad especially in a recession like this. It makes no sense."
Steel was the only one of the five elected members to the California State Board of Equalization to oppose the regulation in a recent procedural vote.
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