Beer Institute Releases May 2020 Domestic Tax Paid Estimate
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|
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.