Virginia Amends Excise Tax Rules for Wine, Beer, Mandates E-Filing

The Virginia Governor signed a law amending the Code of Virginia relating to alcoholic beverage control, updating provisions for the payment of excise tax on beer, wine coolers, and wine. The law includes requiring wholesale wine licensees to submit tax payments and reports electronically by the 15th of each month, and establishing a graduated penalty structure for non-compliance, with penalties ranging from 5 percent to 25 percent of taxes due. The law takes effect July 1. [S.B. 788, enacted 04/13/26]

This story was produced by Bloomberg Tax Automation, and edited by Bloomberg Tax staff.