This effectively shifts the income tax liability from the entity earning the income to those who have a beneficial interest in it. The Schedule K-1 is the form that reports the amounts that are passed through to each party that has an interest in the entity.
Jack Daniel's Black Label Tennessee Whiskey has no carbohydrates (sugar or starch), gluten, fats, or cholesterol, as these are removed in the distilling process. One fluid ounce of Jack Daniel's contains approximately 65 calories.
This liqueur has more calories in it than does a shot of regular liquor, even though Triple Sec packs less of an alcohol punch. A 1.5-oz. shot of liqueur such as Triple Sec has about 188 calories. In contrast, the same size serving of tequila, vodka or other hard alcohol has about 98 calories. Liqueurs have a higher amount of sugar in them than do other types of alcohol such as wine, beer or regular liquor.