Industries Pushing for Targeted Tax Relief in Pandemic Bills

May 6, 2020, 8:46 AM UTC

U.S. industry groups, confronted with the economic damage wrought by the pandemic, have started asking lawmakers for more targeted tax relief.

The requests, which come as Congress is starting work on the next coronavirus relief package, are likely to intensify in the coming months as businesses map out their plans for a post-pandemic world.

The alcoholic beverage industry, for example, hard hit by the closure of restaurants and bars, is looking for a number of breaks. The U.S. Alcohol and Tobacco Tax and Trade Bureau is already letting distillers, vintners, and breweries put off their federal excise tax payments for ...

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