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Good afternoon, Linked below is the Domestic Tax Paid Estimate for August 2020. The August 2020 estimate is 14,500,000 barrels, an increase of 1.2% vs. August 2019 removals of 14,324,000 barrels. On September 3, the Alcohol Tax and Trade Bureau (TTB) issued a March 2020 Beer Report. The chart linked below updates the March 2019 and March 2020 tax paid volumes to match the TTB. The Beer Institute expects Domestic Tax Paid Estimates for the remaining months to see significant revisions as TTB Industry Circular 2020-2 has postponed reporting requirements for filing and payment due dates for up to 90 days. The September 2020 Domestic Tax Paid Estimate is scheduled to be released on October 29, 2020. If you have any questions, please contact Mary Jane Saunders at mjsaunders@beerinstitute.org.
Cheers,
Jim McGreevy |
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