On March 8, we conducted a Tax Savings Seminar with Tony Correia, ARA, MRICS on AVA amortization for vineyard and land owners.
The tax issue, which was presented by Dave Brotemarkle, is explained here. Tony, a specialist in wine industry appraisals, helped shed some light on the potential value of an AVA designation.
He shared some great resources and links that we thought you might want to review:
1. A listing of official AVAs www.ttb.gov/appellation and a listing of US appellations with date certified http://www.ttb.gov/appellation/us_by_ava.pdf
2. American Association of Wine Economists' Working Papers - #44 "The Value of Designations of Origin in Emilia-Romagna" and #49 "The Economics of Nested Names: Name Specificity, Reputation and Price Premia."
3. Oh Sang Kwon, Hyunok Lee, and Daniel A. Sumner wrote "Appellations, Variety, and the Price of Napa Valley wines."