The Tax and Trade Bureau (TTB) has published Industry Circular 2022-1, clarifying how TTB views extended payment terms under the consignment sales provisions of the Federal Alcohol Administration Act (FAA Act).
Consignment Sales Clarification Issued by TTB
Pete Johnson serves as the State & Regulatory Affairs Manager for the Brewers Association (BA). He joined the BA at its inception in 2005, having previously worked as Programs Director for the Brewers Association of America. Before coming to the small brewing industry in 2001, Pete worked for 14 years with both state and federal elected officials in Pennsylvania and Washington, D.C.
See Pete Johnson's ArticlesLinks:
Pete Johnson serves as the State & Regulatory Affairs Manager for the Brewers Association (BA). He joined the BA at its inception in 2005, having previously worked as Programs Director for the Brewers Association of America. Before coming to the small brewing industry in 2001, Pete worked for 14 years with both state and federal elected officials in Pennsylvania and Washington, D.C.
See Pete Johnson's Articles