GLAZER WINE AND SPIRITS SERIES
These incentives included World Series tickets, a trip to Aruba, a villa in a private resort in Jamaica, and between $20,000 and $40,000 in cash. In fact, Southern Glazer's paid a $5 million fine in 2017 over a Pennsylvania "pay to play" case, in which the wholesaler offered incentives to employees of the state's liquor control board. This would be income to the bar server and might have some false income tax deduction questions for the wholesaler." "For example, sometimes a wholesaler rep will report that he or she bought several rounds of drinks at a retailer bar but really just did a credit card swipe that made a payment to the bar server. "Certain trade practice promotions can give rise to income tax liability that does not get reported," he said. He said that unfair trade practices are the only area where he could think of both the TTB and IRS having a common interest. I spoke to a former government employee with knowledge of TTB operations. That's important, but let's consider the IRS involvement first. The other is that there is no evidence that the Federal Trade Commission was involved. Now, the question everyone is asking is: Why? What were they looking for? The raid was confirmed by an IRS spokesperson to the San Francisco Chronicle, which broke the story. Southern Glazer's Accused of Fraud, BullyingĪntitrust Suit Leaves Big Distributors SweatingĪgents from the Internal Revenue Service and the federal Alcohol and Tobacco Tax and Trade Bureau spent most of the day Wednesday at the Union City offices of Southern Glazer's Wine & Spirits. "The liquor investigatory world hasn't been this exciting since Al Capone ran Chicago," said beverage alcohol attorney Sean O'Leary.
The US wine and spirits industry is atwitter this week after news broke of a raid on the California offices of the nation's largest booze distributor. © Getty Images | Southern Glazer's is the largest liquor distributor in the US.
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