TTB Participates in Panel at National Alcohol Beverage Control Association Legal Conference
We recently participated in the 29th Annual Symposium on Alcohol Beverage Law and Regulation, hosted by the National Alcohol Beverage Control Association (NABCA). NABCA is the national association that represents the Control State Systems in 17 states and several municipal jurisdictions.
We participated in the The ABCs of Federal Regulation panel, moderated by TTB Deputy Administrator Dave Wulf. Our Director of the Office of Industry and State Outreach spoke on the panel, along with a representative from the Department of Homeland Security, and a former representative from the Office of the U.S. Trade Representative.
Together, the panelists gave a broad view of some of the various ways that alcohol beverages are regulated by the federal government. We spoke about the history of federal alcohol taxation, TTB’s legal authority under the Internal Revenue Code and the Federal Alcohol Administration Act, and some of our current projects and hot topics.
We believe developing our relationships with state regulators and the businesses we regulate helps us identify regulatory barriers that we can work together to resolve, which paves the way for a thriving, compliant industry.
Due Date for Quarterly Filers is Coming Soon
If you are an alcohol industry member who files tax returns quarterly, the due date for Q1 (January 1– March 31) is Thursday, April 14.
Who is Eligible to File Quarterly?
TTB-regulated businesses that remove wine, distilled spirits, or beer from their premises subject to federal excise tax, may file quarterly excise tax returns if they:
- Reasonably expect to be liable for not more than $50,000 in excise taxes in the current calendar year; and
- Were liable for not more than $50,000 in excise taxes the previous year.
We recommend that you file TTB excise tax returns and make payments electronically using Pay.gov.
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