TTB Newsletter for December 30, 2022

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TTB News - Alcohol and Tobacco Tax and Trade Bureau

Foreign Producer Registration at myTTB

December 30, 2022

TTB Issues Industry Circular on Calculating Tax Rates for Distilled Spirits

On December 29, 2022, we published TTB Industry Circular 2022-3, Calculating Tax Rates for Distilled Spirits Eligible for Both Craft Beverage Modernization Act Reduced Tax Rates and Tax Credits for Wine and Flavors Content.

This Industry Circular generally restates the procedures provided by Industry Circular 2018-4 for distilled spirits plants on how to calculate effective tax rates for distilled spirits products that are subject to Craft Beverage Modernization Act (CBMA) reduced tax rates. The circular also provides updated guidance for importers on how to calculate and use effective tax rates or standard effective tax rates (SETRs) for imported distilled spirits products that are eligible for CBMA tax benefits in light of statutory changes affecting import procedures.

TTB Industry Circulars

CBMA Spotlight Series: New FAQs Added

We continue to add new frequently asked questions (FAQs) to TTB.gov to address common questions we receive on the implementation of the Craft Beverage Modernization Act (CBMA) import provisions. This week we’ve posted 8 new FAQs.

View the CBMA Imports page to see the new FAQs and for more information.

We are adding new guidance as questions arise, so you may want to check back regularly. You can also subscribe to receive email alerts each time we update the page. Just click on Get Email Updates at the top of the page to subscribe!

Reminder: We encourage 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.

CBMA Imports at TTB.gov

Goodbye 2022. Hello 2023!

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January 17-20: SHOT Show
January 25-26: Unified Wine and Grape Symposium
February 1-3: CiderCon
February 10-12: ACSA Distillers’ Convention and Vendor Trade Show
February 14-15: Oregon Wine Symposium

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