FL S0678

Authorizes alcoholic beverage distributors to deduct excise taxes on products that become unsellable due to warehouse breakage, spoliation, evaporation, expiration, or becoming unfit for human consumption

Sets deduction rates at 0.49% of gross tax for wine, 0.15% for spirits, and 0.20% or actual breakage for malt beverages, with the malt beverage method elected annually

Defines "extraordinary losses" as unusual losses from acts of God, shipping accidents, or manufacturer recalls, which are excluded from standard deductions but allow actual gallonage deductions with proper documentation

Requires distributors to immediately notify the Division of Alcoholic Beverages and Tobacco of extraordinary losses and provide proof through accident reports, division employee documentation, or other approved records

Applies retroactively to January 1, 2025, and requires the division to retain completed forms for 3 years