Wine and Liquor Makers Toast Excise-Tax Defeat for Treasury Department

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Wine and Liquor Makers Toast Excise-Tax Defeat for Treasury Department
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Wine and liquor companies could save billions of dollars after a judge rejected Treasury Department tax regulations

WASHINGTON—Makers of wines and spirits are celebrating a federal-court decision that could save them billions of dollars in excise taxes each year.

The ruling struck down Treasury Department regulations from 2018 that attempted to end what government officials saw as an unfair benefit for imported products.

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