Research Update

 

Good afternoon,

Linked below is the Domestic Tax Paid Estimate for October 2020.

The October 2020 estimate is 13,250,000 barrels, an increase of 0.6% compared to October 2019 removals of 13,168,000. For the calendar year, domestic removals are down 1,032,663 barrels, a 0.7% decrease from 2019.

The Beer Institute estimates for the remaining months are expected to see continued revisions as TTB Industry Circular 2020-2 postponed reporting requirements for filing and payment due dates for up to 90 days.

The November 2020 domestic tax paid estimate is scheduled to be released on December 22, 2020.

If you have any questions, please contact Mary Jane Saunders at mjsaunders@beerinstitute.org.

Cheers,

Jim McGreevy
President and CEO

 

 

BeerInstitute.org

BEER INSTITUTE, 440 First Street, NW, Suite 350, WASHINGTON, DC 20001
PHONE: 202.737.2337 FAX: 202.737.7004

CONFIDENTIALITY WARNING: This message and its contents may include confidential and proprietary information and/or be protected by an attorney-client privilege or work-product doctrine. If you have received it in error, please notify the sender, immediately, delete this message and any attachments, and destroy any printed copies. Thank you.

Unsubscribe from future emails