date:Aug 08, 2012
to the law, and cover-over revenue (which the USVI could increase if it wished), was generated by a manufacturer tax on US sales of spirits. This then became discretionary government spending that benefited the USVI economy, the firm said.
Diageo said its new USVI distillery in St.Croix replaced rum volumes it had bought from Serralls in Puerto Rico, and to date had only produced branded rum for the premium US market.
This means thatDiageo is not flooding the US market with rum, and Diageos pr