Regulation & law · 31/10/2005Updated: 10/17/2026 · 1 min read

US Government Suspends Occupational Tax for Certain Industries

The US government has temporarily suspended a tax on certain industries, including manufacturers of nonbeverage products, distilled spirits plants, and breweries, for a period of three years, from July 1, 2005, to June 30, 2008, as a result of the American Jobs Creation Act of 2004.