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Occupational Taxes

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Occupational Taxes
Taxes and fees levied on particular jobs and businesses. A liquor license for a bar and a health permit for a restaurant are both examples of occupational taxes. In the United States, occupational taxes are assessed at the state and local levels.


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Effective July 1, 2008, Section 11125 repeals the special occupational taxes on producers and marketers of alcoholic beverages.
The TTB reported that the payment of special occupational taxes will no longer be required from producers, wholesalers, importers, and retailers of alcohol beverages, as well as manufacturers of non-beverage products.
The legislation includes a package of business tax breaks to compensate for the higher minimum wage, including higher deductions for business meals, a repeal of occupational taxes related to distilled spirits and wine, and an extension of a tax credit for businesses that hire certain employee groups.
 
 
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