bourbon

Opponents of the new law say local communities will be impacted by the loss of revenue generated by the tax that helps fund essential services. They've also criticized industry officials for asking for a tax break while reporting historic growth and revenue.

Kentucky's legislature voted to completely phase out the property tax on the value of barrels of aging spirits. The action — taken in the final hours of this year's session — was toasted by the booming bourbon industry but left a bitter taste among some local leaders whose communities rely on the tax money.

More than 25 counties in the commonwealth stand to lose millions of dollars in revenue that goes toward libraries, schools, and emergency services from property taxes generated by the bourbon barrel tax.

New figures show that spirits surpassed beer for U.S. market-share supremacy, based on supplier revenues, a spirit industry group announced Thursday.

A start-up distillery is coming to Henderson, marking a new investment in Kentucky’s signature bourbon industry. Henderson Distilling Company plans to repurpose the downtown Municipal Power and Light facility into a full production distillery, as well as tourism and retail space.

The Capitol rotunda was the site of a celebration of one of Kentucky’s signature industries Wednesday afternoon. It included references to what’s been an…

Kentucky bourbon makers are celebrating after the European Union lifted tariffs on bourbon and whiskey that were imposed during former President Donald…

The Somerset community is celebrating the official groundbreaking of a new distillery with strong ties to the U.S military.Horse Soldier Bourbon was…

A strike at one of the world’s largest bourbon producers is entering its fourth week.The stalemate is over a proposed contract at Heaven Hill Distillery…

The process of making fine whiskey involves aging spirits to a golden brown, but a bourbon producing giant is going green along the way.Beam Suntory,…