Tariffs Targeting Canada and Mexico Paused for 30 Days
Just hours before tariffs were to take effect on both sides of the U.S.-Canadian border, President Donald Trump and Canadian Prime Minister Justin Trudeau reached… Read More
Kentucky Distillers' Association
Holyrood Distillery: Punching Above Its Weight
The tiny Holyrood Distillery in Edinburgh shocked the whisky world when it was named Distillery of the Year last week in Whisky Magazine’s Scottish Icons… Read More
Kentucky Distillers Set New Production Records
At a time when Bourbon inventories are spiking and sales are slowing, it comes as no surprise that Kentucky’s Bourbon distillers set new records for… Read More
Kentucky Bourbon Hall of Fame to Induct Five New Members
The Kentucky Bourbon Hall of Fame has announced its Class of 2024, including the recipient of the Parker Beam Lifetime Achievement Award. New Riff Distilling… Read More
Touring the New Heaven Hill Springs Distillery
Heaven Hill’s new $130 million distillery in Bardstown, Kentucky is still about six months away from being finished, but this week on WhiskyCast In-Depth, we’re… Read More
Bourbon Has $9 Billion Impact on Kentucky Economy
A new report estimates that the Bourbon industry has a $9 billion economic impact on Kentucky’s economy each year. According to the biennial report commissioned… Read More
Kentucky Distillers Report Record Production
For the fifth consecutive year, Kentucky Bourbon distillers filled more than two million barrels of whiskey, with total production reaching 2.7 million barrels in 2022,… Read More
A Deep Dive Into Scotch Whisky Data
There’s a lot of data behind the whiskies we enjoy, and analyzing that data can give us some insights into the health of the whisky… Read More
Barrel Tax Bill Under Consideration in Kentucky Legislature
February 28, 2023 – Kentucky state lawmakers have just 11 legislative days left to consider a bill that would phase out the state’s “barrel tax” on barrels of aging Bourbon. House Bill 5 would start phasing out the tax in 2026 and end it completely in 2039, and is pending in the Kentucky House Appropriations and Revenue Committee. Kentucky is the only state that taxes inventories of maturing spirits, and the tax raised approximately $40 million for local governments in 2021. Distillers have the ability to take a credit for the barrel taxes they pay against their corporate state income Read More »
Kentucky Barrel Inventory Reaches New High
September 27, 2022 – Kentucky distillers set a new production record in 2021, according to state revenue department data released today by the Kentucky Distillers Association. Distillers filled more than 2 million barrels for the fourth consecutive year, and had a total of nearly 12 million barrels of Bourbon and other spirits aging in the state’s rickhouses as of January 1, when they’re required to file an inventory report with the state. The inventory generated a total of $40 million in “barrel taxes,” the property tax leveled on every barrel of maturing spirits in a distiller’s inventory. That money goes Read More »