Research Update

 

Good afternoon,

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

The November 2020 estimate is 12,300,000 barrels, a decrease of 0.8% compared to November 2019 removals of 12,396,000. For the calendar year, domestic removals are down 1,290,793 barrels, a 0.8% decrease from 2019.

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

The December 2020 domestic tax paid estimate is scheduled to be released on January 28, 2021.

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

Cheers,

Jim McGreevy
President and CEO

 

 

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