For bottler’s tax, can the credit for franchise and excise tax paid apply against the entire bottler’s tax liability?

No.  The bottler’s tax rate of 1.9% is comprised of a 1.5% soft drink portion and a 0.4% litter portion.  The credit for franchise and excise tax paid can only apply to the 1.5% soft drink portion of the tax.  The litter portion of the tax cannot be reduced or eliminated by the credit.  Therefore, the credit may only be applied against 78.95% (1.5 / 1.9) of the bottler’s tax liability.

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