Section 1 Extension of temporary increase on cover over of distilled spirits taxes to Puerto Rico and Virgin Islands
In general— Section 7652(f)(1) of the Internal Revenue Code of 1986 is amended by striking “January 1, 2022” and inserting “January 1, 2032”.
Effective date— The amendments made by this section shall apply to distilled spirits brought into the United States after December 31, 2021.