Rum producers in Puerto Rico and the US Virgin Islands, such as Bacardi and Diageo, will see their spirits continue to benefit from the higher rebate rate of so-called ‘cover over’ tax in the US for another year.
US: ‘Fiscal Cliff’ bill keeps Puerto Rico, USVI rum income in the pink
Rum producers in Puerto Rico and the US Virgin Islands, such as Bacardi and Diageo, will see their spirits continue to benefit from the higher rebate rate of so-called 'cover over' tax in the US for another year.