Thursday, January 1, 2015

What are the regulation of bar business?

What are the regulation of bar business?
Bar businesses are subject to typical regulations like other businesses. They have to pay their property taxes, payroll taxes, and income taxes as well as collect sales or excise taxes. The businesses have to follow labor and other local regulations generally placed upon businesses such as "EXIT" signs.

For alcohol, most bars have to collect excise tax upon each sale. In some US states, bars are to track how much alcohol they are using in each drink, so as the maximize the tax collected.

Bar also must adhere to laws that regulate who may purchase and drink alcohol. Some states allow anyone over 21 to purchase and buy alcohol and drink on the premise, while others may allow customers to take their alcohol home. Many states also prohibit people under the age of 21 in bars.

The best way to get all the information on the regulations of the bar business is to contact your local alcohol licensing authority.

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