New CBMA Training Opportunities
The Craft Beverage Modernization Act (CBMA) provisions of the Internal Revenue Code (IRC) provide for reduced rates or tax credits for certain quantities of beer, wine, and distilled spirits produced in or imported into the United States.
A recent change in the law transferred responsibility for administering the CBMA tax benefits for imported alcohol from U.S. Customs and Border Protection (CBP) to TTB beginning with products entered for consumption in the United States on or after January 1, 2023. The law also changed the way in which importers will take advantage of tax benefits assigned to them. Starting January 1, 2023, importers who want to take advantage of assigned tax benefits must pay the full tax rate to CBP and then subsequently submit a claim to TTB for a refund.
As part of our ongoing effort to provide timely CBMA updates, we have developed a CBMA Imports Overview video. This video provides a brief overview of CBMA and new provisions, as well as an overview of responsibilities for foreign producers and importers and how to file claims. The video and other CBMA resources can be found on our CBMA Imports page.
In addition to the CBMA Imports Overview video, TTB will be a hosting a webinar, TTB’s Overview of New CBMA Import Provisions, on Wednesday, December 14, 2022 from 4 to 5 p.m. Eastern Time. This webinar will provide an overview of the new CBMA import provisions as well as an opportunity at the end of the webinar to ask questions. Register here for the Overview of New CBMA Import Provisions webinar. If you would like to submit questions in advance to be answered during the webinar, please email them to Outreach@ttb.gov.
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Reminder: TTB encourages foreign producers to register now using the myTTB system (see our user guide for help). Registration will be necessary to make assignments to importers for calendar year 2023.
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