Abstract: A beverage dispense valve having a valve body; a female taper member inside the valve body and defining an internal chamber; the internal diameter of the chamber increasing in a downstream direction away from the inlet port, a male taper member having a taper portion receivable in said internal chamber, the external diameter of the taper portion increasing in a downstream direction so as to be at least partially complementary to the female taper member, and having a hollow outlet portion downstream of the taper portion, one taper member being slidable relative to the other so that a flow passageway can be formed in an annular gap between them, the flow passageway providing a restrictive diffusing flow path and the two taper members forming a flow regulator; a valve closure arrangement, and an actuating mechanism outside the valve body to operate both the flow regulator and the valve closure arrangement.