Beer Institute Releases May 2020 Domestic Tax Paid Estimate
Beer Institute Releases May 2020 Domestic Tax Paid Estimate

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Beer Institute Releases May 2020 Domestic Tax Paid Estimate

June 25, 2020

WASHINGTON – Today, the Beer Institute published an unofficial estimate of domestic tax paid shipments by beer brewers for May 2020:

The May 2020 estimate is 14,216,000 barrels, a decrease of 6.6% vs. May 2019 removals of 15,216,000.

The Beer Institute is expecting significant revisions for March 2020, April 2020, May 2020, and future months’ estimates as TTB Industry Circular 2020-2 has postponed reporting requirements for filing and payment due dates for up to 90 days.

Domestic Tax Paid – TTB
(31 Gallon Barrels)
Month 2019 2020 Percent Change Volume Change
January 12,433,513 12,423,000 -0.1% -10,513
February 11,430,812 11,325,000 -0.9% -105,812
March 14,370,000 14,300,000 -0.5% -70,000
April 14,200,000 13,500,000 -4.9% -700,000
May 15,216,000 14,216,000 -6.6% -1,000,000
YTD 67,650,325 65,764,000 -2.8% -1,886,325

Please note that the estimates above reflect revised estimates released by the TTB.

The June 2020 domestic tax paid estimate is scheduled to be released on July 30, 2020.

 

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