TTB Issues Reduced Excise Tax Rate Guidance

The Tax and Trade Bureau issued Industry Circular 2018-5 addressing certain scenarios where two or more domestic industry members would be treated as a “single taxpayer” and how this affects their eligibility to claim the tax credits or reduced tax rates available under the Craft Beverage Modernization and Tax Reform Act provisions.

Links

  1. Industry Circular 2018-5

Pete Johnson serves as the State & Regulatory Affairs Manager for the Brewers Association. 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 recent articles and activities